If you have $100 in an account that offers "2x" margin, you can effectively buy:
A. $200 worth of stocks.
B. $1,000 worth of stocks.
C. $100 worth of stocks.
D. $2,000 worth of stocks.
A. $200 worth of stocks.
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Refer to the figure above. If A forms a customs union with C, the value of trade diversion will be
A) $0. B) $10,000. C) $20,000. D) $40,000.
Average total cost is
a. the change in cost as output decreases b. the change in cost as output increases c. TC / quantity of output d. MC - TC e. AVC - AFC
If the current cash price is $8.80/bushel, storage costs are $0.15/bushel, August futures are currently trading at$9.20/bushel, and you expect the basis in July to be $0.20/bushel under August, then your expected profits from storing until July would be:
A. $0.05/bushel B. $-0.35/bushel C. $0.35/bushel D. $-0.05/bushel
The only way governments can finance a deficit is by printing new money
Indicate whether the statement is true or false