Which of the following statements is FALSE?
a. type b personalities are generally less efficient than type a personalities because they are so relaxed
b. type a personalities and type b personalities are both efficient, they just do things different ways
c. type b personalities are laid back and casual, which makes them unhealthy and increases their risks
d. type a personalities are generally less efficient than type b personalities because they have so many focuses that they never get any one project finished
Ans: b. type a personalities and type b personalities are both efficient, they just do things different ways
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Yield on a bond refers to:
a. the coupon-rate of the bond. b. the money earned by selling a bond. c. the return from a bond after its maturity. d. the difference between the face value of a bond and the bond price. e. the annual return until the bond matures.
If income and the prices of both goods all double, the budget line will
a. become flatter b. become steeper c. remain unchanged d. experience a parallel outward shift e. experience a parallel inward shift
Millionaires do not face the problem of scarcity
a. True b. False Indicate whether the statement is true or false
Suppose a new market for tradable pollution permits is created. As long as there is a free market for the pollution rights, the final allocation will be __________ , regardless of the initial allocation of permits
Fill in the blank(s) with correct word