Joshua, age five, was given a share of common stock in the Walt Disney Company. As a ____ he has the right to vote on major corporate actions.
A) common stockholder
B) preferred stockholder
C) officer of the corporation
D) bondholder
Question 2
An executive at a U.S. steel company uses growth in gross domestic product as one way to develop trends in industry steel use, so he records GDP change for each year on a graph. However, the executive's figures are considerably higher than those of the staff economist, who also has drawn a graph. This difference is most likely the result of
A) measurement errors by the U.S. Bureau of the Census.
B) a decline in gross domestic product.
C) an increase in gross domestic product.
D) the economist adjusting the figures for the inflation rate.
E) a change in productivity.
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