An individual with a diversified stock portfolio usually
a. holds only the stocks of conglomerates (firms that participate in many industries).
b. deals with several brokerage houses.
c. holds stock in several types of firms.
d. holds stocks with several maturity dates.
c
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You can buy a season ticket to the Metropolitan Opera for $800. A season ticket plan to see the New York Knicks is $1600. Which of the following is a CORRECT statement?
A) The money price of opera tickets is 1/2 of a Knicks ticket per opera ticket. B) The opportunity cost of a Knicks ticket is 2 opera tickets per Knicks ticket. C) The relative price of an opera ticket is $800. D) the money price of a Knicks ticket is 2 opera tickets per Knicks ticket.
"People buy insurance do protect themselves from moral hazard." True or false? Explain
What will be an ideal response?
Which of the following is not discussed as a job of a vehicle currency?
A) cross-border bank transactions B) international money market funds C) international bonds and notes D) All of the above are vehicle currency uses.
When taxes depend on income, a higher tax rate implies a higher government spending multiplier.
Answer the following statement true (T) or false (F)