Standardization of derivative contracts
A) increases their liquidity.
B) is the rule with respect to contracts whose underlying asset is a financial security, but not for contracts whose underlying asset is a commodity.
C) is the rule with respect to contracts whose underlying asset is a commodity, but not for contracts whose underlying asset is a financial asset.
D) has been proposed many times by financial analysts, but has not yet been carried out by the SEC.
A
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In a competitive market, the quantity of each good produced and the price at which it is sold are not determined by any single buyer or seller
a. True b. False Indicate whether the statement is true or false
The internationalization of our economy has
A. made macropolicy more important. B. made macropolicy less important. C. had little effect on the importance of macropolicy.
For a firm operating in a perfectly competitive industry:
A.) an improvement in technology will reduce marginal cost. B.) an improvement in technology will shift the firm and industry supply curve to the left. C.) controlling the market price is easily achievable. D.) Both A and B are true.
To find the social cost of an action, add together
A. the external costs and the internal costs. B. the external and accounting costs. C. the internal costs and the private opportunity costs. D. the private costs and the internal costs.