On january 1, ripken corporation had 80,000 shares of $10 par value common stock outstanding. on march 17 the company declared a 10% stock dividend to stockholders of record on march 20. market value of the stock was $13 on march 17. the entry to record the transaction of march 17 would include a
wait sorry im confused, do we solve one or all of them?
the american free enterprise system is based on private property, profit, competition and consumer choice. so govt role is to make sure those conditions are there; e.g. there is fair competition, regulate monopolies so consumer will have choices, enforce laws protecting property rights n so on.
the answer to the question is (b) economists are sharply divided into competing schools of thought with little overlap of ideas and beliefs.
interestingly, as a field, economics does not have many school of thoughts that directly competes with one another – most of them share some similar concepts – just a different way of executing them. some examples of school of thoughts in economics include marxian economics and neoclassical economics.
if you edit the question i could answer it.