Taking into consideration indirect stock ownership in the United States, we can conclude that
a. stock ownership is on the decline
b. the majority of the population are stockholders
c. all businesses are in fact corporations
d. too much cheating is going on in the stock market
e. we should change the laws so that pension funds can buy stocks
B
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The saying "There's no such thing as a free lunch," applies
A) when there is some unemployment. B) on the production possibilities frontier. C) at all points inside the PPF. D) to unattainable combinations of goods and services. E) when more of one good can be produced without decreasing production of another.
As their relative riskiness ________, the expected return on corporate bonds ________ relative to the expected return on default-free bonds, everything else held constant
A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; does not change
The law of diminishing marginal returns is the same as increasing returns to scale.
Answer the following statement true (T) or false (F)
"If I didn't go to class tonight, I would save the $2 campus parking fee and spend three hours at work where I earn $10 per hour." The opportunity cost of attending class this evening is: a. $0
b. $2. c. $30. d. $32.