Participants in the ________ invest in stocks, bonds, and mutual funds, mortgage contracts, real estate and other opportunities with the expectation of receiving a financial return on their investment.
Fill in the blank(s) with the appropriate word(s).
Ans: capital markets
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Assume the price of good Y with its quantity measured on the vertical axis is $20 and the price of good X with its quantity measured on the horizontal axis is $5 . If the consumer's budget is $100, then the absolute value of the slope of the budget line is:
a. 100. b. 20. c. 1/4. d. 4.
Official figures indicate that the percentage of persons below the poverty level in the U.S. is more today than it was in 1959
a. True b. False Indicate whether the statement is true or false
The ratio of the prices of two products that a consumer would buy with a given fixed income is equivalent to the:
A. Marginal rate of substitution B. Slope of the budget line C. Income elasticity of demand for the two products D. Price elasticity of demand for the two products
In a two-sided market with network effects, the platform will most likely
A) set the same prices for the two sides of the market. B) set different prices for the two sides of the market. C) set a price of zero for both sides of the market. D) combine the two groups of the market before setting its price.