The higher the beta,
A) the smaller the diversifiable risk.
B) the smaller the nondiversifiable risk.
C) the larger the diversifiable risk.
D) the larger the nondiversifiable risk.
D
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If people use quartz as a medium of exchange, then they: a. have a barter economy
b. are using commodity money. c. are using token money. d. are using legal tender. e. are using fiat money.
In both the 1970s and the 1990s, extreme economic events caused unemployment to move in the same direction as inflation
a. True b. False Indicate whether the statement is true or false
A value-added tax (VAT) is a less visible form of a sales tax
Indicate whether the statement is true or false
To answer the next question, use the information in the table below which illustrates the multiplier process resulting from an autonomous increase in investment by $5. Change in IncomeChange in ConsumptionChange in SavingsAssumed increase in investment$5.00 $1.25Second round $2.81 All other rounds 8.44 Totals 5.00The change in income in round two will be
A. $2.81. B. $3.75. C. $0.94. D. $4.00.