The following is not an example of risk aversion
a. you lock your garage when you have expensive workshop tools
b. you are more careful when you buy a more expensive car
c. Individuals tend to gamble more with their money when the future is uncertain
d. you only go swimming when the lifeguard is on duty
c
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The liquidity approach to measuring the money supply uses
A) near moneys only. B) M1 only. C) M2 plus some highly liquid assets. D) M1 plus some highly liquid assets.
Which of the following is not included in GDP but is included in GNP?
A. A foreign company's production in the United States B. Sales of a good by one firm to another firm C. Income of a citizen of Germany working in the United States D. Economic activity of U.S. citizens working abroad
According to new trade theory, the dominance of the United States in the commercial jet aircraft industry is related to _____ mover advantages
Fill in the blank(s) with the appropriate word(s).
Production possibilities in an economy decrease as more resources and better technology are utilized.
Answer the following statement true (T) or false (F)