In general, __________ a higher rate of return for a given level of risk than ____________ can offer.
A. a portfolio has; individual assets
B. individual assets have; a portfolio
C. a portfolio has; any other type of saving
D. any other type of saving has; a portfolio
A. a portfolio has; individual assets
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M&M and Dove are both considering issuing themed holiday candy. The profits for each strategy, regular candy or holiday candy, are summarized in the payoff matrix above
The Nash Equilibrium in this game is that Dove produces ________ and M&M produces ________. A) holiday candy; regular candy B) regular candy; holiday candy C) regular candy; regular candy D) holiday candy; holiday candy
Which of the following statement(s) best describes scarcity?
a. Even if the budget constraint or a PPF shifts, scarcity remains—just at a different level. b. If the budget constraint shifts, scarcity disappears. c. If a PPF shifts, scarcity disappears. d. Scarcity is not dependent on the budget constraint or a PPF shift.
A firm uses workers and seed to grow lettuce. Its lettuce output rises from 100 tons to 200 tons when the number of workers increases from 25 to 75 . Its production process shows
a. decreasing returns to scale. b. diminishing returns to labor. c. increasing long-run average cost. d. decreasing short-run average variable cost.
Refer to the diagram for the federal funds market. The equilibrium federal funds rate:
A. depends on the supply of federal funds (reserves).
B. is 3.0 percent.
C. is 3.5 percent.
D. is 4.0 percent.