Organizing production, obtaining financing, assigning workers to jobs, and dealing with suppliers are among the ways that ________ increases average labor productivity.
A. human capital
B. an entrepreneur
C. physical capital
D. a manager
Answer: D
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If you sell twenty-five $100,000 futures contracts to hedge holdings of a Treasury security, the value of the Treasury securities you are holding is
A) $250,000. B) $1,000,000. C) $2,500,000. D) $5,000,000.
If producers strongly object to banning advertising, it probably means that:
A. they use it simply to inform customers. B. they see the ban as decreasing competition. C. they believe the ban will benefit them. D. they believe advertising persuades customers that products are more different than they really are. .
A financial services company may hire a professional athlete as a spokesperson because:
A. the athlete is more informed about financial services than the general public. B. this can act as a credible signal to consumers that the company has a high quality product they are willing to spend money advertising. C. does not serve as a credible signal to consumers, since athletes are not often financial service experts. D. can signal to customers that the services are worse than they actually are.
Chris earns $1,500 per week and spends $1,000 per week on living expenses, puts $200 in a savings account, and buys $300 worth of shares in a stock mutual fund. Chris's saving is ________, and Chris's saving rate is ________.
A. $200; 13.3 percent B. $500; 33.3 percent C. $300; 20.0 percent D. $200; 20.0 percent