Economics Is Best Defined as the Study Of

question 45

Multiple Choice

Economics is best defined as the study of:

• A)inflation, interest rates and the stock market.
• B)supply and demand.
• C)how people make choices in the face of scarcity and the implications of those choices for society as a whole.
• D)the financial concerns of businesses and individuals.

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Definitions:

Realized Gain

Profit resulting from the sale of an asset or investment for more than its purchase price.

Stock Dividend

A disbursement from a corporation to its shareholders, using shares as the medium instead of cash.

Stockholders' Equity

The ownership interest of shareholders in a corporation, represented by their share of the company's assets after all liabilities have been deducted.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during the bond's life, usually at the discretion of the bondholder.