A purely self-interested diner is more likely to tip:
A. whenever he can afford to.
B. only when dining in a very up-scale restaurant.
C. always, to assure good service.
D. only when dining in a restaurant at which he often eats.
Answer: D
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Among marketable government securities, the largest dollar volume is in the form of
A) Treasury bonds. B) Treasury notes. C) Treasury bills. D) federal funds.
A swap is
A) another name for a put option. B) another name for a call option. C) an agreement between two or more persons to exchange sets of cash flows over some future period. D) the name for the replacement of a futures contract by an options contract.
Michael Jordan averaged 35 points per game over a 100-game season. During the playoff round of 10 games, he averaged 50 points, and in the five-game championship series, he led the Chicago Bulls to victory, averaging 40 points. For the entire season, how many points did Jordan score, what was his average, and did the championship series pull his previous average up or down?
What will be an ideal response?
Checking exchange rates, you find $1 equals 0.75 euros. Then the price of 1 euro is
A) $0.25. B) $0.75. C) $1.33. D) $4.30.