Risk in finance means:
A. Mostly positive outcomes
B. Mostly negative outcomes
C. Either positive or negative outcomes
D. The same thing as risk in health science
C. Either positive or negative outcomes
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Each point on the demand curve reflects
A) all the wants of a given household. B) the highest price consumers are willing and able to pay for that particular unit of a good. C) the highest price sellers will accept for all units they are producing. D) the lowest-cost technology available to produce a good.
Circle of Crust Pie Five Pizzas has a frequent purchaser program, called Circle of Crust, in which patrons earn points with every purchase. With enough points, the patron's next purchase is free. How does this program alter customer decisions?
Which of the following is correct?
a. In unionized industries, wages are above the level that would prevail in competitive markets. b. The introduction of a union in some industry reduces the quantity of labor demanded in that industry, causes some workers in that industry to be unemployed, and reduces wages in the rest of the economy. c. Critics argue that the allocation of labor resulting from unions is both inefficient and inequitable. d. All of the above are correct.
________ --the use of federal budget to achieve macroeconomic objectives such as full employment, sustained economic growth, and the price level stability--is made by ________ on an annual timeline.
Fill in the blank(s) with the appropriate word(s).