With a put option, the option holder:
A. can buy the asset but only on the date specified.
B. can buy or sell the asset, it is their option.
C. has the right to sell the asset.
D. has the right to buy the asset.
Answer: C
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Between 1965 and 1972, eight major pieces of consumer-protection legislation were enacted. This burst of legislative activity was largely driven by
a. increased public fears following the thalidomide tragedy. b. public outcry following a series of steamboat explosions. c. a general lack of faith in the market. d. widespread support for the "Reagan Revolution.".
In an unregulated labor market, the wage adjusts to balance labor supply and labor demand
a. True b. False Indicate whether the statement is true or false
Some firms eventually experience problems with their capacity to produce output as their output levels increase. For these firms,
a. market power is substantial. b. supply is perfectly inelastic. c. supply is more elastic at low levels of output and less elastic at high levels of output. d. supply is less elastic at low levels of output and more elastic at high levels of output.
A quota subscription is
A. the maximum amount of funds that can be drawn at the World Bank without a formal proposal. B. when an investor sets limits on the proportion of their portfolio that will contain foreign investments. C. a nation's account at the International Monetary Fund. D. the maximum amount that a private investor can invest in foreign firms.