In equilibrium the typical investor __________
a. prefers high risk assets to low risk assets
b. prefers low risk assets to high risk assets
c. is indifferent between buying low and high risk assets
d. does not stay in the market
c
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Induced expenditure includes
A) consumption expenditure, government expenditure on goods and services, and imports. B) investment, consumption expenditures, and exports. C) consumption expenditure and exports. D) consumption expenditure and government expenditure on goods and services. E) consumption expenditure and imports.
What is Joseph Stiglitz' main criticism regarding intellectual property rights protection?
What will be an ideal response?
In 2005-2006, the magnitude of the federal budget deficit decreased, because
A. government spending increased precipitously. B. growth in income increased tax receipts by more than government spending increased. C. government spending decreased precipitously. D. income tax rates were significantly increased across the board.
Refer to the table. Per capita GDP was about:
A. $105 in year 3 in Alta.
B. $303 in year 3 in Zorn.
C. $200 in year 1 in Zorn.
D. $5 in year 2 in Alta.