Which of the following has made it possible for investors without any special business skills to benefit from the ownership of corporate America?
A) all of the above
B) the availability of mutual funds, which make it possible for even small investors to purchase a diverse stock portfolio at a low cost
C) the virtual disappearance of business failures among corporations with publicly traded stock shares
D) an increased tendency of small investors to buy and sell stock frequently
the availability of mutual funds, which make it possible for even small investors to purchase a diverse stock portfolio at a low cost
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A bank owns a 10-story office building. In the bank's balance sheet, this would be listed as part of
A. assets. B. capital stock. C. net worth. D. liabilities.
A speculator who takes a long position in a market buys low and sells high, whereas a speculator who taxes a short position in a market buys high and sells low.
Answer the following statement true (T) or false (F)
A decrease in both the equilibrium price and the equilibrium quantity of rice is best explained by:
A. an increase in the demand for rice. B. a decrease in the demand for rice. C. a decrease in the supply of rice. D. an increase in the supply of rice.
A pollution tax allows a firm to externalize some of its internal costs.
Answer the following statement true (T) or false (F)