If a CEO is a better at typing a document than his assistant, he is said to have a(n) ________ advantage in typing over his assistant.

A. absolute
B. overwhelming
C. unusual
D. relative


Answer: A

Economics

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In the United Kingdom, most doctors are privately employed

Indicate whether the statement is true or false

Economics

Economic variables that generally turn down after a recession begins and turn back up after the recovery starts are called:

A) leading indicators. B) coincident indicators. C) lagging indicators. D) none of the above.

Economics

If the MPC is 0.8 and disposable income shrinks by $100 million. Consumption would

a. rise by $8 million b. rise by $80 million c. fall by $80 million d. fall by $8 million e. fall by $20 million

Economics

By diversifying, the risk of holding stock

a. can be eliminated. On average over the past two centuries stocks paid a higher average real return than bonds. b. can be eliminated. On average over the past two centuries stocks paid a lower average real return than bonds. c. can be reduced but not eliminated. On average over the past two centuries stocks paid a higher average real return than bonds. d. can be reduced but not eliminated. On average over the past two centuries stocks paid a lower average real return than bonds.

Economics