A call option described as out of the money would find:
A. the option has expired.
B. the option has been exercised.
C. the market price of the stock is above the strike price.
D. the strike price is above the market price of the stock.
Answer: D
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Computing the CPI is important because ________
A) it is a very accurate and error-free measure of the cost of living B) it helps predict spending patterns for particular goods and services C) government uses it to index entitlements, such as social security benefits, so that beneficiaries do not lose purchasing power in periods of inflation D) all of the above E) none of the above
When speed boat sales rise, the city of Las Vegas takes in more revenue. The omitted common variable between these outcomes is likely to be:
A. life jacket sales. B. prices of Las Vegas flights. C. childhood obesity. D. increased disposable income.
A minority candidate may not have the same chances as a white candidate for a job simply based on an employer’s misconceptions about minorities.
Answer the following statement true (T) or false (F)
John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleaning windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the table below:Hours PerDay CleaningWindowsTotal Numberof WindowsCleaned0017211314416517How many hours a day should John spend cleaning windows?
A. 1 B. 2 C. 3 D. 4