Mutual funds sell shares to investors and use the funds to
A) pay dividends.
B) purchase newly issued shares of a particular company's stock.
C) invest in a portfolio of financial assets.
D) purchase Treasury bonds.
C
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Refer to the figure above. What is the producer surplus when the price is $50?
A) $100 B) $200 C) $400 D) $1,000
The economic model of demand
a. explains the consequences of a change in buyers' tastes, but not the causes b. explains the causes of a change in buyers' tastes, but not the consequences c. explains both the causes and consequences of a change in buyers' tastes d. explains neither the causes nor the consequences of a change in buyers' tastes e. ignores buyers' tastes because they are too unstable to include in the model
If demand is price elastic, then when price decreases, total revenue
a. decreases b. increases c. does not change d. is less than one e. is negative
Which of the following are accurate findings of recent studies about the effectiveness of intervention activities?
A. Smaller interventions are usually more successful than larger interventions. B. Intervention is often effective for two weeks or less in reversing the direction of the trend of the exchange rate or reducing the speed of the trend. C. The effectiveness of the intervention usually can be observed in the trend for months to come. D. Interventions are usually more effective when exercised by an individual monetary authority rather than by the authorities of two or more countries intervening jointly.