A stock mutual fund is generally
A) less risky than buying individual stocks.
B) more risky than buying individual stocks.
C) just as risky as buying individual stocks.
D) a way for the rich to avoid taxes.
A
You might also like to view...
The concept of diversification is captured by the statement
A) don't look a gift horse in the mouth. B) don't put all your eggs in one basket. C) it never rains, but it pours. D) make hay while the sun shines.
Think of resources: The aggregate supply curve will shift to the right when the
a. quantity of labor in the society decreases b. capital stock in the economy shrinks c. quantity of natural resources in the society gets smaller d. quantity of labor in the economy increases e. price level in the economy rises
Which of the following is NOT an important factor that affects the magnitude of the own price elasticity of a good?
A. Available substitutes B. Supply of the good C. Expenditure share D. Time
Ernie's Sushi-On-A-Stick is a perfectly competitive firm currently employing 75 workers. The marginal revenue product of the 75th worker is $9.00 per hour. The wage rate is $12.00 per hour. To increase profits, this firm should
A. continue hiring 75 workers because the firm earns a surplus of $3.00 on each worker hired. B. increase the price of sushi-on-a-stick so that the marginal revenue product increases to $12.00 per hour. C. decrease employment until the MRP of labor equals $12.00. D. increase employment until the MRP of labor equals $12.00.