Small savers who only have enough money to buy a few individual financial assets can use ________ to diversify
A) mutual funds B) one company's bonds
C) Treasury securities D) one company's stock
A
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If there was a federal budget surplus it would make it possible to
A) decrease taxes in order to improve the equity and efficiency of the tax system. B) increase spending on priorities. C) reduce the national debt. D) any of the above.
Outcomes are likely to be Pareto superior if they were _____
a. approved of by a unanimous vote b. enacted by a bureaucrat c. decreed by a judge d. enacted by bipartisan legislation
The cycle of increased market demand that leads to ________ and then a(n) ________ in market price has caused many firms bankruptcy.
A) overexpansion; increase B) underexpansion; increase C) underexpansion; decrease D) overexpansion; decrease
Which of the following would cause a firm's cost curve to shift downward?
a. a decrease in resource prices b. an increase in taxes c. an increase in demand for the firm's product d. a reduction in output