The standard deviation is appropriate to compare the risk between two investments only if
a. the expected returns from the investments are approximately equal
b. the investments have similar life spans
c. objective estimates of each possible outcome is available
d. the coefficient of variation is equal to 1.0
e. none of the above
a
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Refer to the Article Summary. The increase in consumer spending discussed in the article summary was due in part to increases in employment and lower energy prices, which lead to an increase in disposable income
The increase in consumption resulting from the increase in disposable income will cause a(n) ________ the aggregate expenditure curve. A) movement down along B) upward shift of C) movement up along D) downward shift of
Consumption or household spending of an economy comprises of both consumer spending and business spending
a. True b. False Indicate whether the statement is true or false
Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society's standpoint positive, because the annual installation and service charges on this equipment was:
a. more than the average loss per stolen car. b. higher than the auto theft insurance paid by car owners c. lower than the auto theft insurance paid by car owners. d. less than the average loss per year due to deterred theft.
Which of the following examples would an economist concerned about individual freedom and liberty most likely support?
a. increasing government oversight of education b. hiring more government employees c. more government involvement in the environment d. less government involvement in business