In 2017, the U.S. median income for a family of four was about $61,000.
Answer the following statement true (T) or false (F)
True
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A flight to quality refers to a shift by savers from
A) bonds and into stocks. B) stocks and into gold or other precious metals. C) bonds and into real assets, such as real estate. D) low-quality bonds and into high-quality bonds.
Which of the following is NOT a benefit of derivatives?
A) risk sharing B) guaranteed minimum profit C) liquidity D) information services
Which of the following is NOT a component of gross domestic product?
A. net exports B. government purchases C. purchases by consumers of used goods D. purchases by consumers of finished goods
Supply describes how much of something producers:
A. want to offer for sale under certain circumstances, although they may not be willing to. B. are willing and able to offer for sale at varies prices under given circumstances. C. want to sell under certain circumstances, although they may not be able to. D. are willing and able to buy under certain circumstances.