Swaps differ from futures and options in all of the following ways EXCEPT:
A) intended to reduce the risk faced by participants.
B) more flexibility.
C) more privacy.
D) less regulation.
A
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Ted went to the market to buy Good X. He was willing to pay up to $2.50 per unit of the good
However, he expected some units of the good to be defective. Therefore, when the seller asked for a price of $2.30 per unit, he refused to pay more than $2 for each unit. If the seller knows which units of the good are defective, what is most likely to happen in this case?
Our persistent war on poverty has successfully destroyed the poverty trap
Indicate whether the statement is true or false
Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X, ceteris paribus.Table 1.3Production Possibilities for Brushes and CombsCombinationNumber of combsOpportunity Cost(Foregone brushes)Number of brushesOpportunity Cost (Foregone combs)J4 0NAK3 10 L2 17 M1 21 N0NA23 On the basis of Table 1.3, in the production range of 21 to 23 brushes the opportunity cost of producing one more comb in terms of brushes is
A. 4. B. 1/21. C. 1/2. D. 21/23.
A large federal budget deficit will not lead to a current account deficit if private saving ________ or domestic investment ________.
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases