A person's portfolio of investments is the package of all the stocks, bonds, and other assets the person owns
a. True
b. False
Indicate whether the statement is true or false
True
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A demand curve that is unit elastic everywhere is
a. linear and slopes downward b. linear and slopes upward c. vertical d. horizontal e. nonlinear
Which of the following statements is not true?
a. Because the quantity of Bitcoins is capped at about 21 million in 2040 it is practically impossible for the currency to ever be a significant threat to large nations, like the United States and Japan, whose money supplies are measured in the trillions of dollars and yen. b. Bitcoins can be bought, traded, and earned by solving a time-consuming computer algorithm. c. Bitcoins are becoming more widely accepted by real-world merchants. d. None of the statements above is false. They are all true.
If a country has Y > C + I + G, then
a. S > I and it has a trade surplus. b. S > I and it has a trade deficit. c. S < I and it has a trade surplus. d. S < I and it has a trade deficit.
Which of the following demographic groups in the U.S. has the highest unemployment rates?
A. college graduates B. white working-age people C. African-American teenage males D. all working-age people with a high school diploma but no college