About ____ of the world's population subsists on no more than $2 a day.
A. one tenth.
B. one quarter.
C. one third.
D. one half.
D. one half.
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If, for a $1000 premium, you buy a $100,000 put option on bond futures with a strike price of 110, and at the expiration date the price is 114, your ________ is ________
A) profit; $1000 B) loss; $1000 C) profit; $3000 D) loss; $3000
If an employer screens applicants by race because of generalizations about past hires, he or she is ______.
a. practicing wage discrimination b. acting from unconscious bigotry c. trying to reduce information costs d. avoiding any type of discrimination
The income elasticity of demand for all goods taken together must be
A) zero. B) -1. C) +1. D) between 0 and 1.
Currently, about ________ of all health care spending is paid by individuals.
A. 3 percent. B. 45 percent. C. 89 percent. D. 10 percent.