For most financial assets, investors must be compensated for:
A. nondiversifiable and diversifiable risk.
B. diversifiable risk and time preference.
C. nondiversifiable risk and time preference.
D. nondiversifiable and diversifiable risk, and time preference.
C. nondiversifiable risk and time preference.
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Assume that you have won a prize of $10,000. Make a list of how you would spend and save the money, from most important to least important.
What will be an ideal response?
Behavioral economics deals with
A) the assumption that people are always selfish. B) bounded rationality. C) unbounded willpower. D) only theories without justification from empirical evidence.
Oligopoly is about the ________ and monopolistic competition is about the ________.
A. variety of products; number of firms B. number of firms; variety of products C. variety of products; barriers to entry D. barriers to entry; number of firms
Not a component of aggregate expenditure?
What will be an ideal response?