The average expected rate of return on most financial assets is the sum of the rates that compensate for:
A. nondiversifiable risk and time preference.
B. diversifiable risk and time preference.
C. nondiversifiable and diversifiable risk.
D. nondiversifiable and diversifiable risk, and time preference.
A. nondiversifiable risk and time preference.
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A. $185.93 B. $276.64 C. $371.89 D. $380.96
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A. demand B. marginal propensity to consume C. income elasticity D. utility
A trough is the
A) lower turning point of a business cycle when an expansion begins. B) lower turning point of a business cycle when a recession begins. C) upper turning point of a business cycle when an expansion begins. D) upper turning point of a business cycle when a recession begins.