Author Question: One difference between stocks and bonds is that A) stocks do not involve a promise to repay a ... (Read 111 times)

Mr3Hunna · **on:** Jun 29, 2018

One difference between stocks and bonds is that

A) stocks do not involve a promise to repay a purchaser of the stock, while bonds represent a promise to repay the purchase price of the bond.
B) stocks represent ownership in companies, while bonds represent ownership in banks.
C) stocks are financial securities, while bonds are labor market securities.
D) stocks are usually issued in electronic form, while bonds are usually issued in paper form.

Question 2

Refer to Figure 4-1. If the market price is 1.00, what is the consumer surplus on the third burrito?

A) 0.50 B) 1.00 C) 1.50 D) 7.50