Which of the following is the most liquid category of assets?
a. Large time deposits
b. Money market mutual fund balances
c. Small time deposits
d. Saving-type accounts
e. Demand deposits
E
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Briefly explain the different focus of valuing stocks taken by behavioralists, chartists, and fundamentalists.
What will be an ideal response?
Say's law states that
A) demand creates its own supply. B) the more supply there is, the lower prices are. C) supply creates supply. D) supply creates its own demand. E) none of the above
When someone receives a gift that they don't want:
A. it is impossible to determine the cost or value of the gift. B. the cost and value of the gift are both equal to zero. C. the cost of the gift is less than the value. D. the value of the gift is less than the cost.
The demand for autos is likely to be:
A. less price elastic than the demand for Honda Accords. B. more price elastic than the demand for Honda Accords. C. of the same price elasticity as the demand for Honda Accords. D. perfectly inelastic.