What are the two most important factors influencing investor preferences?
A. The desire for high rates of return and the thrill of uncertainty.
B. The desire for high rates of return and dislike of risk and uncertainty.
C. An equal balance between stocks and bonds, and high rates of return.
D. Stable rates of return and balance between private and public sector financial assets.
B. The desire for high rates of return and dislike of risk and uncertainty.
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If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will ________ the quantity demanded by about ________.
A. decrease; 2.5% B. increase; 25% C. increase; 250% D. increase; 2.5%
A surplus is defined as
A) the excess of total expenditures over total revenues. B) government spending plus transfer payments. C) the sum of all past borrowing by the government. D) the excess of total revenues over total expenditures.
A set of actions that a firm takes to achieve a goal is the definition of a
A) business prospectus. B) business strategy. C) business goal. D) business plan.
Compared to a perfectly competitive industry, a monopoly produces a smaller output and charges a higher price
a. True b. False Indicate whether the statement is true or false