Speculators differ from hedgers in the sense that:
A. speculators are hedgers, there isn't any difference.
B. speculators do not like risk.
C. hedgers seek to transfer risk.
D. speculators seek to transfer risk.
Answer: C
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One basic difference between "land" and "capital" resources is that land is
A. a gift of nature, while capital is manufactured. B. manufactured, while capital is a gift of nature. C. unlimited, while capital is limited. D. limited, while capital is unlimited.
Capital gains are the profit earned from the sale of
A) stocks. B) real estate. C) bonds. D) all of the above.
What is a Pigouvian tax?
What will be an ideal response?
Without technological advancement, how can a nation achieve economic growth?
A) by producing more high-value goods and fewer low-value goods B) by producing more low-value goods and fewer high-value goods C) through an increase in supplies of factors of production D) by decreasing the size of the labor force