Mutual funds, pension plans, and life insurance policies:
A. are all forms of savings.
B. differ regarding when you can have access to the asset's worth.
C. all entrust a professional to decide which financial assets are the best for the saver to hold.
D. All of these are true.
D. All of these are true.
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What is the difference between a supply schedule and a supply curve?
What will be an ideal response?
Using graphs to illustrate the concepts, absolute advantage
A. is shown with differences in slope of a production possibilities curve; comparative advantage is shown with a lower curve. B. requires a very steep curve; comparative advantage requires a curve with a shallow slope. C. on one good requires that the slope of the production possibilities curve be steeper for that good. D. is shown with a higher production possibilities curve; comparative advantage is shown with differences in slope of the curves.
This __________ declared that price discrimination is illegal especially when it decreases competition
a. Robinson-Patman Act b. Sherman Antitrust Act of 1890. c. Merger Act d. Federal Trade Commission Act.
When the federal government deregulated the savings and loan industry,
a. nearly one third of all savings and loans failed by 1987 b. interest rates on loans made by savings and loans decreased c. profits of the savings and loans increased d. the FSLIC stopped insuring deposits e. the savings and loans restricted their loans to fairly riskless loans like home mortgages