An insurance company holding a single-home mortgage should be most concerned about the mortgage's __________ risk
A) default
B) prepayment
C) price fluctuation
D) collateral
B
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Which of the following increases the quantity supplied of good X but does NOT increase the supply of good X?
A) a fall in the price of a factor production used to produce X B) an advance in the technology for producing X C) an increase in the price of good Y, a complement in the production of X D) an increase in the price of X
The game rock-paper-scissors has
A) a mixed strategy equilibrium. B) a dominant strategy equilibrium. C) no equilibrium. D) a pure strategy equilibrium.
The four main components of the current account are:
a. services, financial assets, unilateral transfers, and debits. b. net exports, unilateral transfers, services, and domestic bank deposits abroad. c. government asset holdings abroad, foreign official assets, private bank deposits abroad, and merchandise. d. unilateral transfers, merchandise, services, and investment income. e. capital exports, services, merchandise, and royalties.
On balance, markets do some things very well, and some things poorly
a. True b. False Indicate whether the statement is true or false