Everything else held constant, would an increase in volatility of stock prices have any impact on the demand for rare coins? Why or why not?
What will be an ideal response?
Yes, it would cause the demand for rare coins to increase. The increased volatility of stock prices means that there is relatively more risk in owning stock than there was previously and so the demand for an alternative asset, rare coins, would increase.
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Keynes argued that if the economy is in a severely depressed state then __________ is constant
A) real GDP B) the price level C) velocity D) nominal GDP
Corporate cultures
A) are part of a strategic plan. B) can limit the effectiveness of a merger. C) arise when transactions costs are very low. D) all of these choices.
The demand curve slopes
A. upward to the right. B. upward to the left. C. downward to the right. D. downward to the left.
Refer to the information provided in Figure 6.1 below to answer the question(s) that follow.
Figure 6.1Refer to Figure 6.1. Along budget constraint AC, the opportunity cost of one hamburger
A. is 1/4 of a hot dog. B. is 1/2 of a hot dog. C. is 2 hot dogs. D. changes as you move down along the budget constraint.