The new Consumer Financial Protection Bureau is an independent agency but is funded and housed within
A) the Treasury Department.
B) the Federal Reserve.
C) the SEC.
D) the IRS.
B
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Smoking increases the risk of lung infections not only for active smokers but also for other people inhaling the smoke passively. Which of the following will help in reducing smoking?
A) A corrective tax B) A life insurance C) A health insurance D) A health tax
What is an advantage of using options instead of forward contracts when hedging against exchange-rate risk?
What will be an ideal response?
In a perfectly competitive market in which all firms are maximizing their economic profits, the demand and supply curves intersect at a price of $8. From this we know that each
A) firm's average total cost of producing the good is $8. B) firm's average variable cost of producing the good is $8. C) firm's marginal cost of producing the good is $8. D) firm is earning positive economic profits at a price of $8 or more.
Which of the following is considered a nonrenewable resource?
A. Natural gas B. Sunlight C. Rivers D. Wind