Privatization requires
a. transparency
b. the training of competent managers
c. the installation of adequate facilities for transportation
d. All of the answers are correct
e. None of the answers is correct
D
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For barter to occur there must be
A) two people willing to pay with credit. B) a double coincidence of wants for each good to be exchanged. C) one person who pays cash. D) hyperinflation.
In the United States, although people in different income groups pay different tax rates, every dollar earned by a specific individual is taxed at the same rate
Indicate whether the statement is true or false
The available evidence indicates that
a. about one-half of all managers of active mutual funds consistently outperform index funds. b. outperforming the market on a consistent basis is extremely difficult to do. c. there is little truth to the notion that there is a trade-off between risk and return. d. there is little truth to the efficient markets hypothesis.
An increase in supply, holding demand constant, will cause:
a. Higher prices and a larger quantity sold b. Lower prices and a larger quantity sold c. Higher prices and a smaller quantity sold d. Lower prices and a smaller quantity sold