Which of the following activities does NOT diversify risk?
A) investing in real estate in various states across the United States.
B) writing earthquake insurance policies for the entire Western United States
C) writing hurricane insurance policies only in Florida
D) purchasing the stock of a variety of different companies
C
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Total expenditure equals price times quantity.
Answer the following statement true (T) or false (F)
Why do economists sometimes treat decision makers as boundedly rational?
If Canada's national saving exceeds its domestic investment, then Canada has
a. positive net capital outflows and negative net exports. b. positive net capital outflows and positive net exports. c. negative net capital outflows and negative net exports. d. negative net capital outflows and positive net exports.
Indicate whether each of the following situations would shift the supply curve to the left, to the right, or not at all
a. An increase in the number of firms in the market b. An increase in the current price of the product c. A decrease in productivity d. An increase in the expected future price of a product e. A decrease in the price of an input