Goods That Are Rival in Consumption Include Both

question 47

Multiple Choice

Goods that are rival in consumption include both

• A)club goods and public goods.
• B)public goods and common resources.
• C)common resources and private goods.
• D)private goods and club goods.

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Definitions:

Dividends Payable

A liability account on a company’s balance sheet indicating the amount owed to shareholders in the form of dividends to be paid out.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which may lower the share price.

Par Value

The nominal or face value of a stock or bond, as stated in the corporate charter or on the certificate.

Stock Dividend

Stock Dividend involves distributing additional shares of a company's stock to its shareholders as a form of dividend.