Nick has a certain amount of money that he wants to invest in a completely risk-free manner. He would most likely:
a. deposit it in a bank or credit union
b. invest in a mutual fund.
c. purchase shares on the stock market.
d. hide the money somewhere in his or her home.
a
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The foreign purchases effect on aggregate demand suggests that a ________.
A. rise in our domestic price level will increase our imports and reduce our exports, thereby reducing the net exports component of aggregate demand B. fall in our domestic price level will increase our imports and reduce our exports, thereby reducing the net exports component of aggregate demand C. rise in our domestic price level will decrease our imports and increase our exports, thereby reducing the net exports component of aggregate demand D. fall in our domestic price level will decrease our imports and increase our exports, thereby reducing the net exports component of aggregate demand
Government transfer payments include which of the following?
A) grants to state and local governments B) interest on the national debt C) Social Security and Medicare programs D) national defense
Exhibit 6-11 Short-run cost schedule for pizzeria's hourly production TotalProduct TotalCost 0 pizzas $ 20 10 70 20 100 30 150 40 250 In Exhibit 6-11, the marginal cost curve crosses the average total cost curve at
A. 10 pizzas. B. 20 pizzas. C. 30 pizzas. D. 40 pizzas.
Which of the following pairs of goods are probably complements?
A. Hamburgers and ketchup. B. Televisions and roller skates. C. Steak and chicken. D. Frozen yogurt and ice cream.