M1 is larger than M2
Indicate whether the statement is true or false
FALSE
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A positive statement is
A) about what ought to be. B) about what is. C) the result of a model's normative assumptions. D) valid only in the context of a model with simple assumptions.
Why does diversification fail to reduce risk when the returns of the two investments purchased are perfectly positively correlated?
What will be an ideal response?
Some evidence suggested that intra-industry trade between similar countries had a _______ impact on domestic workers but later evidence indicates that it all depends on how ______ the labor market is.
a. small; sticky b. large; sticky c. small; flexible d. large; flexible
Interest rates rising and falling by a wide range on a regular basis often are an indication of
A. seasonal unemployment. B. economic instability. C. flexible capital. D. price equilibrium.