Institutions are
A) the same thing as organizations.
B) associations of individuals or groups.
C) always embodied in a written set of rules.
D) a set of rules governing behavior, whether written or not.
D
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If the capital-labor ratio is below the steady-state value, investment is ________ than break even investment, and the capital-labor ratio ________
A) greater; increases B) greater; decreases C) less; increases D) less; decreases
A person who believes strongly in the use of fundamental analysis to choose a portfolio of stocks
a. has a better chance of outperforming the market if stock prices follow a random walk than if they do not follow a random walk. b. almost always chooses to hold index funds in his or her portfolio rather than actively-managed funds. c. is spending his or her time wisely if the efficient markets hypothesis is correct. d. is interested in the likely ability of a corporation to pay dividends in the future.
What is the natural rate of unemployment, and what types of unemployment constitute the natural rate of unemployment?
What will be an ideal response?
A financial intermediary's main function is to match ________ with excess funds to ________ with a shortage of funds
A) savers; borrower B) borrower; savers C) governments; households D) firms; insurance companies