The production possibilities frontier has a:
a. curved shape.
b. straight shape.
c. U shape.
d. frequency shape.
a. curved shape.
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Mortgage-backed securities are groups of mortgages that are bundled together and sold to investors
Indicate whether the statement is true or false
An investor has to choose between stocks A&B, each selling for $10 . Stock A, can either increase in price to $12, with a 50% probability or stay at $10 with a 50% probability. Stock B can either increase in price to $15 with a 50% probability or go down to $7 with a 50% probability. Which of the stocks would the investor choose
a. Stock A b. Stock B c. None of the stocks d. The investor would exit the market
Compared to the distribution of money income, the distribution of income that takes into consideration the effects of taxes and in-kind benefits
a. is less even b. is the same c. is more even d. is fairer e. is less fair
Changes in the ______________ rate of return will shift demand and supply for a currency.
a. historical b. expected c. actual d. immediate