Lack of formal training or education, by itself, is a very significant cause of poverty
Indicate whether the statement is true or false
F
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Consumers should purchase quantities of a good to the point where MU > P. ?
Answer the following statement true (T) or false (F)
A one-year bond currently pays 5% interest. It's expected that it will pay 4.5% next year and 4% the following year. The two-year term premium is 0.2% while the three-year term premium is 0.35%
What is the interest rate on a two-year bond according to the liquidity premium theory? A) 4.5% B) 4.75% C) 4.95% D) 4.975%
The mid-point method of calculating price elasticity of demand:
A. measures the percentage changes relative to a point midway between two points on a demand curve. B. measures the absolute change relative to a point midway between two points on a demand curve. C. measures the percentage change relative to a point midway between demand and supply. D. None of these is true.
Pooling individuals allow insurance companies to _______ risk from a societal point of view.
A. increase B. decrease C. do nothing regarding D. none of these answer options are correct.