Some amount of every security in existence is held in the hypothetical __________ portfolio
A) perfect
B) market
C) systematic
D) nonsystematic
B
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A marginal benefit curve
A) is the same as a demand curve. B) is the same as a supply curve. C) slopes upwards. D) is a vertical line at the efficient quantity. E) is U-shaped.
Having a government agency certify bond rating agencies may not be desirable
Indicate whether the statement is true or false
The minimum price for a good set by the government above the equilibrium price is called a:
a. price ceiling. b. price floor. c. parity price ratio. d. market-generated price. e. deficiency price.
Alpha can produce either 18 tons of oranges or 9 tons of apples in a year, while Omega can produce either 16 tons of oranges or 4 tons of apples. Which of the following exchange rates between apples and oranges would allow both Alpha and Omega to gain by specialization and exchange?
a. 1 ton of apples for 3 tons of oranges b. 3 tons of apples for 3 tons of oranges c. 2 tons of apples for 3 tons of oranges d. 1 ton of oranges for 0.2 tons of apples