Costs of renewing contracts or printing new price lists are known as
A) small business costs.
B) small menu costs.
C) small operating costs.
D) small production costs.
B
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The risk of a well-diversified portfolio depends only on the ________ risk of the assets in the portfolio
A) systematic B) nonsystematic C) portfolio D) investment
Which of the following expressions gives the present value of future dividends for a company whose current dividend is $5.00 and whose future dividends are expected to grow at rate g?
A) [$5.00(1 - g)]/(i - g) B) [$5.00(1 + g)]/(i + g) C) [$5.00(1 - g)]/(i + g) D) [$5.00(1 + g)]/(i - g)
A price ceiling is a government-mandated
A) minimum price below which legal trades cannot be made. B) maximum price above which legal trades cannot be made. C) minimum price above which legal trades cannot be made. D) maximum price below which legal trades cannot be made.
If net exports fall $40 billion, the MPC is 9/11, and there is a multiplier effect but no crowding out and no investment accelerator, then
a. aggregate demand falls by 2 x $40 billion. b. aggregate demand falls by 11/2 x $40 billion. c. aggregate demand falls by 11/9 x $40 billion. d. aggregate demand falls by 9/11 x $40 billion.