Increasing the number of corporations whose stocks are in your portfolio reduces market risk
a. True
b. False
Indicate whether the statement is true or false
False
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Daryl's Inc has formed a cartel with the two other firms in its industry. In which of the following market structures does Daryl's operate?
A) monopolistic competition B) oligopoly C) perfect competition D) monopoly E) legally protected monopoly
Newspaper vending machines illustrate that publishers believe
a. the average utility of two identical papers is zero or less b. the total utility from two identical newspapers is zero or less c. the marginal utility of a second identical newspaper is zero or less d. the marginal utility of a second identical newspaper is greater than the marginal utility of the first newspaper e. the total utility from two identical newspapers is less than the total utility from the first newspaper
Which of the following reasons will most likely explain the occurrence of discrimination that is not related to personal prejudice?
a. A desire to avoid associating with certain groups of people b. A lack of communication skills of workers seeking jobs c. A lack of information d. A lack of proper technical expertise e. Too many people applying for the same job
Suppose we were analyzing the pound per Swiss franc foreign exchange market. If Switzerland's interest rate rises relative to England and nothing else changes, then the:
a. The supply of Swiss francs in the foreign exchange market falls, and the demand for Swiss francs in the foreign exchange market rises, causing an appreciation of the Swiss franc. b. The supply of Swiss francs in the foreign exchange market falls, and the demand for Swiss francs in the foreign exchange market falls, causing an uncertain change in the value of the Swiss franc. c. The supply of Swiss francs in the foreign exchange market rises, and the demand for Swiss francs in the foreign exchange market falls, causing a depreciation of the Swiss franc. d. Neither supply nor demand in the foreign exchange market change because relative international prices influence trade flows and not the exchange rate. e. The supply of Swiss francs in the foreign exchange market rises, and the demand for Swiss francs in the foreign exchange market falls, causing an appreciation of the Swiss franc.