Refer to the figure above. Which of the following combinations is attainable as well as efficient?
A) B
B) C
C) D
D) E
A
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The primary assets of a pension fund are
A) money market instruments. B) corporate bonds and stock. C) consumer and business loans. D) mortgages.
The Western railroads had been granted vast amounts of land by the government. Consequently, they
(a) Held on to it tightly. (b) Produced a competitive market with homesteading. (c) Wanted to profit only from providing railroad services. (d) Hindered economic development by restricting new farms in the West.
If something is addictive, then
A) price and demand are inversely related. B) price elasticity of demand is equal to one. C) demand is perfectly inelastic. D) demand is perfectly elastic.
A firm's stock price will be higher when the interest rate is ____ and the value of the firm's expected future profits are ____
a. lower; larger b. lower; smaller c. higher; larger d. higher; smaller