Encore inc. declared an $80,000 cash dividend. it currently has 3,000 shares of 7%, $100 par value cumulative preferred stock outstanding. it is one year in arrears on its preferred stock. how much cash dividends will encore distribute to the common stockholders?

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.