For small investors, the best way to pursue a "buy and hold" strategy is to
A) buy and sell individual stocks frequently.
B) buy no-load mutual funds with high management fees.
C) buy no-load mutual funds with low management fees.
D) buy load mutual funds.
C
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The most liquid asset is
A) a house. B) stocks of a highly profitable company. C) gold. D) money.
Over the last 50 years, how has the women's labor force participation rate changed? What are reasons for this change?
What will be an ideal response?
If demand is perfectly elastic,
A) the smallest increase in price will cause quantity demanded to fall to zero. B) the smallest increase in price will cause demand to fall to zero. C) the smallest increase in price will cause quantity demanded to fall. D) the smallest increase in price will cause demand to fall.
In long-run equilibrium for a competitive firm, economic profits:
A. will be positive. B. will be negative. C. will be zero. D. may be positive, negative, or zero.