Based on risk-return tradeoffs observable in the financial marketplace, which of the following securities would you expect to offer higher expected returns than corporate bonds?
a. U.S. Government bonds
b. municipal bonds
c. common stock
d. commercial paper
e. none of the above
c
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Jim's Burgers produces 500 burgers per week. He can sell as many burgers as he can cook for $3 . What is the marginal revenue from selling the 50th burger?
a. $3 b. $150 c. $147 d. It cannot be determined with the information given
Variable inflation rates may be more costly socially than low but predictable rates of inflation
a. True b. False Indicate whether the statement is true or false
Since 1960 the distribution of income in the United States has
A. become more equal. B. become less equal. C. remained about the same.
Which is the smallest American labor union?
A. The International Brotherhood of Teamsters B. The National Education Association C. The Service Employees International Union D. United Auto Workers