The vertical intercept of the Security Market Line (SML) shows the:

A. Amount of arbitrage

B. Risk-free interest rate

C. Beta of the market portfolio

D. Risk premium for the market portfolio


B. Risk-free interest rate

Economics

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Which of the following transactions is a debit in the US current account?

A) Export of merchandise B) Export of services C) Gifts to foreigners D) Foreign bond purchases

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Which statement best describes the growth rate of adult male real wages between 1820-1860 in the U.S.?

a. The growth rate was about the same as it was in pre-Revolutionary U.S. b. The growth rate was negative. c. The growth rate was more than 5 percent per year. d. The growth rate was 1.2-1.6 percent per year.

Economics

When a firm's demand curve is downward-sloping, its marginal revenue at any positive sales quantity is ______ its price.

A. greater than B. less than C. equal to D. less than or equal to

Economics

In the economy of Talikastan in 2015, consumption was $4000, exports were $800, GDP was $7500, imports were $200, and investment was $1000 . What were Talikastan's government purchases in 2015?

a. $1200 b. $1900 c. $2500 d. $4500

Economics