Diversifying
a. increases the standard deviation of the value of a portfolio indicating its risk has increased.
b. increases the standard deviation of the value of a portfolio indicating its risk has decreased.
c. decreases the standard deviation of the value of a portfolio indicating its risk has increased.
d. decreases the standard deviation of the value of a portfolio indicating its risk has decreased.
d
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According to the production possibilities model, if more resources are allocated to the production of physical and human capital, then which of the following is likely to happen?
A) The country's total production will fall. B) The production possibilities frontier will shift inward in the future. C) Fewer goods will be produced for consumption today. D) Future economic growth will decline.
Standardized tests are used in efforts to
A. save on paper waste. B. make schools more accountable. C. give teachers more time off. D. shorten school hours.
A subsidy:
A. increases the amount that buyers pay for a good. B. reduces the amount that buyers pay for a good. C. reduces both the amount that buyers pay and the amount sellers receive for a good. D. increases both the amount that buyers pay and the amount sellers receive for a good.
If all of the returns to a resource are in the form of economic rent,
a. the price of that resource is determined exclusively by supply b. the price of that resource is determined exclusively by demand c. the price and quantity of that resource are determined exclusively by supply d. the price and quantity of that resource are determined exclusively by demand e. the equilibrium price is zero