In financial markets, sellers are people who:
A. want to spend money on something of big value in the future, but don't know how to save for it.
B. want to spend money on something of value right now, but don't have cash on hand.
C. have cash promised to them at some future date.
D. have cash on hand and are willing to let others use it, for a price.
Answer: D
You might also like to view...
Refer to Figure 3-1. A decrease in the price of the product would be represented by a movement from
A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.
The trend in the United States toward the merger of unions is driven by the labor movement's desire to accomplish all of the following except
A. Avoid low-wage workers in service industries. B. Enhance their political power. C. Increase representation. D. Gain financial strength.
The manager of Greene Enterprises, Inc., recently estimated its average variable cost (AVC) function to beAVC = 88 - 0.026Q + 0.000003Q2Greene Enterprises faces total fixed costs (TFC) of $300,000. When Greene's output is 6,000 units, average variable cost (AVC) is
A. rising B. falling C. greater than short-run marginal cost D. less than short-run marginal cost E. both a and d
Refer to the above table. How long would it take for a country to triple its GDP if the GDP grew at a 20 percent rate?
A. 2 years B. 10 years C. 4 years D. 6 years