You own shares in a start-up internet company. If large swings in the stock market increase financial investors' concerns about market risk, then the price of your shares will ________, holding other factors constant.
A. either increase or decrease
B. increase
C. not change
D. decrease
Answer: D
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Automatic payroll deductions help people to fight ____________________ .
Fill in the blank(s) with the appropriate word.
For economic freedom to exist,
A) copyright laws must be abolished and markets supervised by the government. B) democracy must exist. C) human capital must be given away free. D) property rights must be protected and markets must be free. E) money must be free.
In general, a "big ticket item" such as a house or new car will
A) tend to have a more inelastic demand the more time that passes. B) tend to have an inelastic demand because spending on the item takes up a large share of the average consumer's budget. C) tend to have an inelastic demand because it has many substitutes. D) tend to have a more elastic demand than a lower-priced good.
A tax levied on imported goods is called a(n):
a. excise tax. b. quota. c. foreign profits tax. d. tariff.