If you buy a put option on Treasury futures at 115, and at expiration the market price is 110, the ________ will ________ exercised
A) call; be
B) put; be
C) call; not be
D) put; not be
B
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________ economies include ________
A) Advanced; France, Australia and South Korea B) Advanced; the U.S., Taiwan and Russia C) Advanced; Russia, Canada and Singapore D) Emerging; Taiwan, Russia and Singapore E) Emerging; Saudi Arabia, Poland and Taiwan
A corrective tax can improve upon the misallocation of resources resulting from an externality _____
a. only if the externality is positive b. only if it is easy to quantify the external damage c. transactions costs are low d. transactions costs are zero
Money serves which of the following functions?
A. A medium of exchange. B. A standard of value. C. A store of value. D. All of the choices are true of money's function.
In long-run equilibrium for a competitive firm, economic profits:
A. will be positive. B. will be negative. C. will be zero. D. may be positive, negative, or zero.