When your broker sees that you are in danger of running through your money and forces you to sell your stock and use the money to pay back your loan, he is making a:
A. margin call.
B. leverage call.
C. stock sales call.
D. futures call.
A. margin call.
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The closer monopolistic competition gets to perfect competition
a. the more vertical the AR curve. b. the more horizontal the AR curve. c. the greater the difference between AR and MR. d. the greater the profit.
Government policies that increase the long-term economic growth rate by a small amount result in ________ in average living standards.
A. small increases B. large increases C. small decreases D. no change
Table 7.3 shows the number of workers and total output produced in a firm. In the table below, diminishing marginal returns set in with the addition of the _____. Number of workers Total output 0 0 1 10 2 40 3 100 4 140 5 160 6 170 7 150
a. ?fifth worker b. ?seventh worker c. ?third worker d. ?fourth worker e. ?first worker
The conduct of monetary policy in the United States is the main responsibility of the:
A. U.S. Treasury B. Federal Reserve System C. Office of Management and Budget D. Bureau of Economic Analysis