An options contract
A) confers the rights to buy or sell an underlying asset at a predetermined price by a predetermined time.
B) is another name for a futures contract.
C) may be written for debt instruments, but not equities.
D) may be written for equities, but not for debt instruments.
A
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Over the past several years and until recently, the United States has had lower unemployment rates than most European countries.
Answer the following statement true (T) or false (F)
Since the late 1970s, China's growth rate in real GDP per capita has been more than 3.5 times higher than that in the United States. Much of China's growth is likely due to the transition from a communist economy to a market economy
This transition is equivalent to A) moving China's balanced growth path higher. B) returning China to its original balanced growth path. C) increasing China's balanced growth path to a level 3.5 times greater than the balanced growth path in the United States. D) reducing China's balanced growth path to compensate for the increase in real GDP per capita.
Adam Smith noted in 1776 that
A. the wealth of nations comes from the money the nations have accumulated. B. the wealth of nations comes from the gold the nations have accumulated. C. the wealth of nations comes from the resources that produce the nation's goods and services. D. the problem of scarcity had been licked.
Firms in all types of market structures pay attention to current rival firms' behavior
Indicate whether the statement is true or false