Kayla faces risks and she pays a fee to ABC Company; in return, ABC Company agrees to accept some or all of Kayla's risks. ABC Company is
a. a mutual fund.
b. an insurance company.
c. a diversified company.
d. an equity-financed company.
b
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There is no relationship between the size of a bureau's budget and the income earned by the bureaucrat in charge of the bureau
a. True b. False
When the Fed adopts an expansionary monetary policy: a. the demand for investment curve shifts to the left
b. the demand for investment curve shifts to the right. c. there is a downward movement along the demand for investment curve. d. there is an upward movement along the demand for investment curve. e. there is no impact on the demand for investment curve.
Explain the various components of a market demand curve that would show the influence of the price of cinnamon in the United States.
What will be an ideal response?
Suppose that when the price of root beer rises 1%, the quantity of hotdogs demanded falls 0.5%. This would mean that hotdogs and root beer are
A) substitutes, with a cross price elasticity of 0.5. B) complements, with a cross price elasticity of -0.5. C) substitutes, with a cross price elasticity of -2.0. D) complements, with a cross price elasticity of -2.0.