Suppose the Inkuyo family invests in the local bottling corporation. Albert, Brad, Carol, and Diana each invest separately. At the end of a very successful quarter, Carol and Brad receive a payment from the corporation equal to 10 percent of their investment. Albert receives 7 percent, but is paid before Carol or Brad. Diana receives 6 percent. If Carol and Brad made riskier investments than
either Albert or Diana, they most likely invested in
a. common stock
b. fixed-yield stocks
c. indexed stocks
d. corporate bonds
e. low-yield dividends
A
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The figure above shows the market for coffee. If one firm owns all the coffee outlets and sells 10 million pounds of coffee a month, the deadweight loss is
A) zero. B) $7.5 million. C) $15 million. D) $10 million
General equilibrium refers to
A. examining markets without specific information. B. finding equilibrium from general information. C. pricing goods at their shadow price. D. all of these answer options are correct. E. none of these answer options are correct.
As the number of firms in a cartel increases, the easier it is to enforce the cartel agreement
a. True b. False Indicate whether the statement is true or false
College graduates now earn nearly twice as much as their high school-educated peers and that gap is increasing.
Answer the following statement true (T) or false (F)