In a small town, it snowed 10 times on Christmas Eve during 25 years. What is the frequency of snowing on Christmas Eve in that small town?
A) 10
B) 25
C) 2.5
D) 0.4
D
Economics
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The U.S. and the Canadian currencies are the only two in the world that are called "dollars."
Indicate whether the statement is true or false
Economics
Which of the following is a desirable property of money?
a. Scarcity. b. Portability. c. Divisibility. d. All of these.
Economics
The financial amount that a risk averse person requires to take on risk is called:
a. risk arbitrage. b. risk bonus. c. risk premium. d. risk capital. e. risk rate.
Economics
When the number of parties involved in the transaction is small, Coase's solution of assigning property rights may not be enough
Indicate whether the statement is true or false
Economics