Life insurance companies have increased their purchases of corporate stock in recent years in an effort to
A) reduce risk.
B) increase asset returns.
C) increase liquidity.
D) reduce taxes.
B
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A small change in the rate of productivity growth will have: a. a small impact on output in both the short run and the long run
b. a large impact on output in both the short run and the long run. c. a small impact on output in the short run but a large impact in the long run. d. a large impact on output in the short run but a small impact in the long run. e. no effect on output at all.
The Moonbeam Corporation produces most of the total output in its industry. The firm unilaterally lowers its price to less than average variable cost until a competitor leaves the market. This example highlights ______.
a. collusive oligopoly b. perfect competition c. predatory pricing d. price discrimination
Demand-pull inflation occurs when
What will be an ideal response?
If demand is represented as Qd = 18 - 6P and supply is represented as Qs = 3 + 9P, the equilibrium quantity is
A. 1. B. 4. C. 7. D. 12.