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Joe Johnson received 100 shares of Delta Inc. preferred as a tax-free stock dividend because of his ownership of its common stock. At the time of its distribution, the preferred had a value of $20 per share. Had a cash dividend of equal value been paid instead, 75% of it would have been taxable as a dividend. If Johnson sells the preferred for $30 per share, how much of his amount realized will be taxed as ordinary income (treated as a dividend)?
A.$750
B.$1,000
C.$1,500
D.$3,000
How did the recession of 2007–2009 compare with other recessions since the Great Depression in terms of length? What effect did the recession of 2007–2013 have on government regulation? Discuss these issues with current context, 2016.
Consider a two-country (Home and Foreign) two-good world (wheat and cloth). Let MPLw and MPLc be 4 and 2, respectively. Let L=25. Suppose that the number of workers doubles in Home. What happens to the Home PPF and what happens to the no-trade relati..
Figure 1 is the cost and revenue curves for a perfectly competitive firm.
Use the dynamics of Aggregate Demand and Aggregate Supply Model: What was the role of the Fed before and after the crisis? should they have done it differently to prevent the crisis? Should commercial banks been allowed to enter in investment banking..
1. Why does "substitution bias" arise if the inflation rate is calculated based on a fixed basket of goods?
A student, player 1, has to hand in a problem set at the other end of campus but needs to rush into a midterm exam. She has two options. She can deliver the problem set after the exam (call this L) and incur a late penalty. Draw the game tree for thi..
The market for pizza is characterized by a downward-sloping demand curve and an upward-sloping supply curve.
What is the difference between stateless and stateful address configuration, and an example of each?
An industry has 1000 competitive firms, each producing 50 tons of output. At the current market price of $5, half of the firms have a short-run supply curve with a slope (change in quantity/change in price) of 1; the other half each have a short-run ..
Double jeopardy clauses in the Fifth Amendment make it impossible for a person to be tried of the same crime he'd been exonerated from in the past.
Which of the following are examples of income? Chose all that apply. Which of the following are examples of expenditures? Chose all that apply
Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10 tons of rubber or 40 radios. Calculate the opportunity cost of producing 10 additional tons of rubber in Japan and in Malaysia. Which country has a comparat..
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