Buying securities on the margin requires people interested in buying stocks to pay only a percentage (a margin) of the actual purchase price. The rest is borrowed from someone else, usually an investor's broker
Indicate whether the statement is true or false
True
You might also like to view...
If an activity is worth pursuing at all, then it should be pursued up to the point where
a. total cost equals total benefit. b. average cost equals average benefit. c. marginal cost equals marginal benefit. d. sunk costs equal zero.
Consider two individuals, Jesse and April, who hand paint kites and snowboards. Table 3.1 shows how much of each good Jesse and April can paint in one hour. Jesse's opportunity cost of painting one snowboard is painting
A) 1/8 of a kite. B) 1.5 kites. C) 8 kites. D) 12 kites.
Since 1980, the female/male annual earnings ratio of full-time workers has been ____, while the labor force participation rate of women has been ____ during this same period
a. rising; declining b. rising; increasing c. falling; increasing d. falling; declining
Which of the following is NOT normative economic statement?
A. Taxes on cigarettes should be increased to reduce smoking. B. The inflation rate should fall to increase individuals' well being. C. Increases in the minimum wage cause increases in unemployment. D. The minimum wage should be eliminated so unemployment can be reduced.