The set of assets that a holder of wealth chooses to own is called
A) an asset assortment.
B) a wealth strategy.
C) a portfolio.
D) an investment envelope.
C
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In the figure above, if real GDP is $20 trillion, aggregate planned expenditure is ________ $20 trillion and unplanned inventory changes are ________
A) equal to; equals to zero B) less than; negative C) equal to; negative D) less than; positive E) equal to; positive
A consumer has $1,000 a week to spend on renting square feet of housing (at a price of $5 per square foot) and eating out (at a price of $20 per meal). With square feet of housing on the horizontal and meals on the vertical axis, what is the vertical intercept and what is the slope of this consumer's budget constraint?
What will be an ideal response?
Hoe does etiquette help in transaction of goods between two parties?
A perfectly elastic demand curve has an elasticity coefficient of:
a. 0. b. infinity. c. 1. d. less than 1.