Diversification:
A. increases the likelihood that bad things will happen.
B. means you're not likely going to be completely ruined by a single unfortunate event.
C. reduces the likelihood that bad things will happen.
D. None of these statements is true.
Answer: B
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The principal objective of the WTO is to
Dividend refers to
a. a corporation's regular payments to lenders. b. part of the revenue given to stockholders of a corporation. c. a lender's legal claim on the assets of a bankrupt corporation. d. a prepayment of a corporation's legal obligation.
The distinction between real and nominal rates of interest is understood by
a. most public policy makers. b. the majority of the American population. c. a majority of legislators. d. relatively few Americans.
Who gains if inflation turns out to be higher than expected: the lender or borrower? What happens if inflation turns out to be lower than expected?