Which of the following is not a financial instrument?
A. A share of Microsoft stock
B. An electric bill
C. A U.S. Treasury Bond
D. A life insurance policy
Answer: B
You might also like to view...
In the 20th century, one of the icons of achievement was ___________ who flew the first plane over the Atlantic Ocean, nonstop, from the U.S. to Europe
a. James Fichon b. F. Scott Fitzgerald c. Charles Lindbergh d. Eleanor B. Earhart
Inflation is a serious problem because inflation causes real wages to decline
a. True b. False Indicate whether the statement is true or false
At the expiration the premium of an option is equal to the option intrinsic value.
a. true b. false
Which of the following explains why the marginal cost curve has a U shape?
A) Initially, the marginal product of labor falls, then rises. B) Initially, the average product of labor rises, then falls. C) Initially, the marginal product of labor rises, then falls. D) Initially, the average cost of production rises, then falls.