The limited memberships and high dollar minimums for hedge funds means that these funds are
A) subject to weaker regulation than other mutual funds.
B) more stringently regulated for fear of collapse.
C) limited in the types of assets they can purchase.
D) under the control of the U.S. Treasury.
A
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Fixed costs are
a. costs that vary with output b. equal marginal costs c. costs that do not vary with output d. equal to total costs
The primary conclusion of using inflation accounting is that inflation
a. distorts the tax system, and results in slower economic growth. b. reduces the national debt to its nominal value instead of its real value. c. causes recessions, and increases the structural deficit. d. distorts government budget accounting by exaggerating interest expense.
Which of the following firms is most likely to be a pure monopolist?
A. The most popular hot dog vendor on a city street corner B. The only gas station in a small, isolated town C. A clothing retailer with the best location in a mall D. A grocery store in a large city
Which of the following measures to resolve financial crises involves loan commitments to assist a country in getting through a crisis?
A. A rescue package B. Debt restructuring C. Loan amortization D. Debt repudiation