Which of the following is NOT a benefit of derivatives?
A) risk sharing
B) guaranteed minimum profit
C) liquidity
D) information services
B
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In the long run, higher government budget deficits will
A) lead to a redistribution of real GDP from privately produced goods and services to government produced goods and services. B) lead to a redistribution of real GDP from government produced goods and services to privately produced goods and services. C) cause the price level to go down on government goods but not on private goods. D) lead to a reduction in the amount of goods and services produced by the government and private sector.
Capital deepening occurs only when there is an increase in the physical capital per worker in a society
a. True b. False Indicate whether the statement is true or false
The framers of the U.S. Constitution sought to design a political system that would
A) limit the powers of the federal government and protect the rights of individuals. B) provide the federal government with virtually unlimited power to promote the general welfare. C) promote efficiency through central planning of the economy. D) be based on majority rule.
Refer to the information provided in Table 7.5 below to answer the question that follows.Table 7.5L012345Q01530456075Refer to Table 7.5. Suppose output varies, ceteris paribus, with labor input in the manner displayed in the table above. After how many units of labor do diminishing returns set in?
A. 3 B. 4 C. 5 D. They do not set in.