The most volatile part of wealth is
A. transfer payments.
B. Bonds.
C. the stockmarket.
D. savings accounts.
Answer: C
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A business cost is always
A) a sunk cost. B) a marginal cost. C) a consequence of managerial decisions. D) measurable if we use sophisticated accounting techniques.
Using an example, explain the difference between a labor-intensive technology and a capital-intensive technology
What will be an ideal response?
How does the use of adjustable-rate mortgages affect interest-rate risk?
A) It reduces the interest-rate risk of lenders. B) It reduces the interest-rte risk of borrowers. C) It reduces the interest-rate risk of both lenders and borrowers. D) It increases the interest-rate risk of both lenders and borrowers.
Mergers may result in
A) anticompetitive behavior. B) more efficient production. C) fewer firms in a market. D) All of the above.