A financial journal in the country of Valtonia predicts that Valtonia's currency, the talon, will certainly strengthen soon. The highly acclaimed Haven High Journal also publishes an article stating that talon will appreciate. Craig, the CEO of Stark Industries, plans to invest in Valtonia in the near future. The best strategy for Stark Industries is to:
a. buy talons when it weakens in the
future.
b. sell all the talons that it holds right now.
c. buy talons right now.
d. pull its investment from Valtonia right now.
c
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In order to measure gross domestic product, we can follow
A) three approaches: the expenditure approach, the income approach, and the production approach. B) only one approach: the circular flow approach. C) two approaches: the expenditure approach and the income approach. D) only one approach: the national accounts approach. E) three approaches: the expenditure approach, the income approach, and the market-based approach.
A stock mutual fund is generally
A) less risky than buying individual stocks. B) more risky than buying individual stocks. C) just as risky as buying individual stocks. D) a way for the rich to avoid taxes.
Suppose Kelly and Jerry are at an allocation bundle where their MRS are not equal
a. they are an equilibrium. b. there are gains from trade. c. they are happy. d. they are outside the Edgeworth box. e. they are trading.
Jenner is obtaining a patent for the new diet drink formulation he created. He hopes that Coca Cola and other companies will be interested in licensing his formula. Jenner is protecting his _____ property with the patent.
Fill in the blank(s) with the appropriate word(s).