If you are informed copper prices will fall in the next few months, you should ________ copper futures
But if that information becomes common knowledge, others will do the same thing, and the price of copper futures will ________. A) buy; rise
B) sell; rise
C) buy; fall
D) sell; fall
D
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Using the information in Table 6.2, the Astro Consumer Price Index for 2014 is
A) 24. B) 100. C) 124. D) 189.
Describe three ways that private insurance companies deal with the moral hazard problem
What will be an ideal response?
A small country is an international borrower if its real interest rate without foreign borrowing is ________ the world real interest rate
A) higher than B) equal to C) lower than D) not comparable to
Which of the following is NOT a necessary condition for a firm to price discriminate?
A. The firm must be a price-taker. B. Resale of the product must be preventable. C. Buyers in different markets must have different elasticities of demand. D. The firm must be able to separate markets.