The advantage of holding money as an asset is that
A) money earns interest. B) money is liquid.
C) the value of money appreciates over time. D) money is safe from thievery.
B
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Which of the following is an advantage of an indexed equity mutual fund relative to a managed equity fund?
a. Indexed funds generally have better stock pickers. b. Indexed funds engage in more detailed research. c. Indexed funds have lower operating costs because they engage in less stock trading. d. Indexed funds earn a significantly higher rate of return than a broad portfolio that represents the entire stock market.
Figure 5-4
Refer to . If the government uses a pollution tax, how much of a tax must be imposed on each unit of production?
a.
$1.90
b.
$1.80
c.
$1.60
d.
$0.30
Milly Miser removes $250,000 from her mattress and opens a checking account. This single transaction immediately increases the money supply by
A. $250,000. B. $50,000. C. $0. D. ?$250,000.
Refer to the scenario above. The market for Good A in Eduland is an example of a ________
A) monopoly B) duopoly C) monopolistic competition D) perfect competition