Which of the following is likely to have the narrowest bid-asked spread?
A) A Nasdaq stock
B) A U.S. Treasury bill
C) A corporate bond
D) A Fannie Mae bond
B
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Points inside the PPF are all
A) unaffordable. B) attainable and have some unemployed resources. C) unattainable and have some unemployed resources. D) attainable and have fully employed resources. E) unattainable and have fully employed resources.
The quantity of dollars demanded by foreign nations increases as
A) U.S. residents purchase more foreign goods. B) foreigners purchase more U.S. goods. C) more U.S. residents travel abroad. D) U.S. exports fall.
The above figure shows the Lorenz curve for wealth for the nation of Rusha
If the government were to confiscate all of the wealth from the poorest twenty percent of the population and give it to the wealthiest twenty percent, the Lorenz curve would A) not change. B) shift farther away from the line of equality. C) shift closer to the line of equality. D) flip above the line of equality.
Under current U.S. tax laws, individuals do not pay taxes on health insurance benefits they receive from their employers
Indicate whether the statement is true or false