The decision about the forms in which to hold one's wealth is called the ________ decision.
A. life-cycle
B. Fisher effect
C. Taylor
D. portfolio allocation
Answer: D
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Is the United States a net borrower or a net lender? Is it a debtor or a creditor nation?
What will be an ideal response?
An increase in the interest rate leads to:
a. an increase in planned inventories. b. an increase in GDP. c. an increase in unplanned inventories. d. an increase in consumption. e. none of the above.
A rational consumer who prefers one apple to two oranges, and two oranges to one orange,
a. must prefer two oranges to one apple b. must prefer one apple to one orange c. must prefer two oranges to two apples d. must be indifferent between two oranges and two apples e. might prefer one orange to one apple
When quantity supplied is greater than quantity demanded, market price is _______ the equilibrium price.
Fill in the blank(s) with the appropriate word(s).