Which of the following is a TRUE statement about stock markets?
A. Economists can make above-average profits in the stock market because of their specialized knowledge of economics.
B. The stock market on average over time is random and totally unrelated to the performance of the economy.
C. It is always better to buy growth stocks than the older and more stable blue-chip stocks.
D. It is illegal for a friend of a corporate executive to make large profits in the stock market by using his inside information.
Answer: D
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With technological developments, more resources are discovered which change production sets for countries and make world trade more and more beneficial
Indicate whether the statement is true or false
The long-run aggregate supply curve would shift right if the government were to
a. reduce the minimum-wage. b. make unemployment benefits more generous. c. raise taxes on investment spending. d. All of the above are correct.
The market to buy and sell organs:
A. has been banned by public policy. B. is missing. C. would create surplus for those who would interact in it. D. All of these are true.
The average-cost pricing policy provides a greater incentive for a regulated monopolist to reduce its production costs.
Answer the following statement true (T) or false (F)