Which of the following is likely to have the widest bid-asked spread?
A) A U.S Treasury bill
B) A U.S. Treasury note
C) A U.S. Treasury bond
D) A municipal bond
D
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Environmental standards can be specified as
a. ambient standards d. all of the above b. performance-based standards e. (a) and (b) only c. technology-based standards
The Celler-Kefauver Act deals primarily with which of the following issues?
a. Price discrimination. b. Exclusive dealing. c. Mergers. d. Deceptive advertising. e. Boards of directors.
The velocity of money increases with a _____, other things constant
a. fall in the inflation rate b. rise in the inflation rate c. rise in the employment rate d. fall in the exchange rate e. rise in the real interest rate
In short run equilibrium in a perfectly competitive industry whose firms are earning economic profits, a firm: a. has no incentive to change its output
b. has no incentive to change its plant size. c. has no incentive to expand its factory. d. has no incentive to leave the industry.