For a given expected value, the smaller the standard deviation of the expected value, the larger the risk
Indicate whether the statement is true or false
False. The smaller the standard deviation, the smaller the associated risk. The standard deviation is the square root of the variance, thus the smaller the variance, the smaller the standard deviation. The smaller the variance of the expected value, the smaller the risk.
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If the current account has a negative balance of $100 and the capital and financial account has a positive balance of $80, there will be ________ in official reserves of ________
A) a decrease; $20 B) an increase; $20 C) an increase; $180 D) a decrease; $180
The BP curve is upward sloping if assets are perfectly substitutable
Indicate whether the statement is true or false
Which of the following is likely to increase measured GDP in the United States?
A) Florida implements a state income tax, prompting more Floridians to obtain jobs in the underground economy. B) Nissan increases production in its Japanese factories to produce more cars for export to the United States. C) Prostitution is legalized in all 50 states. D) A greater number of men in California decide to become "stay-at-home dads" to take care of their kids.
The term which means whatever must be given up to obtain an item is
What will be an ideal response?