If a family falls below the federal poverty line, ______ considered to be poor.
a. every member over 18 is
b. every individual member is
c. only the employed members are
d. only the children are
b. every individual member is
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The smaller the fraction of an investment financed by borrowing,
A) the smaller the potential return and the greater the potential loss on that investment. B) the greater the potential return and potential loss on that investment. C) the greater the potential return and the smaller the potential loss on that investment. D) the smaller the potential return and potential loss on that investment.
Which of the following makes it possible for even a small investor to hold a diverse set of stocks and still keep the cost of purchasing additional stock holdings low?
A) an equity (stock) mutual fund B) a real world savings account C) a bond mutual fund D) a checking account at a local bank
Salespersons are often a good source of external information in the consumer decisions making process.
a. true b. false
Which of the following is NOT a type of demand for holding money?
A. transactions demand B. asset demand C. precautionary demand D. qualitative demand