Which of the following assets is most liquid?
A. funds in a checking account
B. a car
C. a home
D. a municipal bond
Answer: A
You might also like to view...
Which of the following factors would tend to increase the size of the premium on an options contract?
A) The option is near its expiration date. B) The current default-risk-free interest rate is high. C) The price volatility of the underlying asset is low. D) The option is far away from its expiration date.
Profit is the difference between:
a. total output and total costs. b. total revenue and total costs. c. total revenue and total sunk costs. d. total output and total sunk costs. e. total revenue and opportunity costs.
In addition to generating more output, economic growth can also contribute to:
A. Improved health for workers. B. Increased unemployment for workers. C. Decreased productivity. D. A more equitable distribution of output.
Show that the utility functions V(X,Y) = XaY1-a and U(X,Y) = a ln(X) + (1-a)ln(Y) represent the same ordering of bundles
What will be an ideal response?