Which of the following was NOT a part of Chandler's (1977) description of the rise of big business in the 19th century?
(a) Vertical integration of firms
(b) The development of mass production
(c) The development of mass distribution
(d) The use of central planning to improve production techniques
(d)
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The world's largest net debtor nation is
a. Russia b. China c. Brazil d. Mexico e. the United States
The market demand is the
a. sum of all individual demands in a market b. sum of all individual prices in a market c. sum of all individual demands and supplies in a market d. vertical sum of all individual demands e. horizontal sum of all individual prices
An interest rate is an example of a rate of __________.
a. inflation b. frequency c. return d. employment
Diversifying
a. increases the standard deviation of the value of a portfolio indicating its risk has increased. b. increases the standard deviation of the value of a portfolio indicating its risk has decreased. c. decreases the standard deviation of the value of a portfolio indicating its risk has increased. d. decreases the standard deviation of the value of a portfolio indicating its risk has decreased.