The ease and quickness with which an asset can be exchanged for goods, services, or other assets is its
A) risk.
B) time to maturity.
C) velocity.
D) liquidity.
D
Economics
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Refer to the scenario above. If the individual places his bet on one pocket, his likelihood of winning is:
A) 0.50%. B) 1%. C) 2%. D) 5%.
Economics
If the cost efficiency of labor equals 2, then
A. The product price is 200 percent of the wage rate. B. Each extra dollar spent on wages returns 2 units of additional output. C. The wage rate is 100 percent more than the product price. D. Labor costs 100 percent more than the revenue it generates.
Economics
Is this an inflationary gap or a recessionary?
Economics
A firm that faces a downward sloping demand curve is known as a
A) price taker. B) utility maximizer. C) price searcher. D) perfect competitor.
Economics