If you lost 10 percent on $200 worth of stock in a 2x margin account, then you would:
A. lose $20.
B. gain $40.
C. gain $20.
D. lose $40.
Answer: D
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Two types of barriers to entry are called ________ barriers to entry and ________ barriers to entry
A) legal; illegal B) natural; legal C) natural; illegal D) natural; rent seeking E) ownership; rent seeking
Which of the following statements is true?
A) Each country as a whole is made better off as a result of international trade, but individuals within each country may be made worse off. B) Within each country, some individuals are made better off as a result of international trade, but one of the countries will be worse off overall. C) Although some individuals are made better off as a result of international trade, both countries may be made worse off overall. D) All individuals in both countries are made better off as a result of international trade.
For real-world economies, the Gini coefficient lies between
a. 1 and 10 b. 0 and 100 c. 0 and 1 d. –1 and +1 e. 0 and infinity
The result of government intervention in the market is that
A. The production possibilities curve always shifts outward. B. Society is always worse off. C. Society is always better off. D. Society could be made better or worse off.