A stock option is said to be "out of the money" if:
A) the strike price equals the exercise price.
B) stock price equals the strike price.
C) strike price exceeds the stock price.
D) stock price exceeds the strike price.
C
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The permanent-income hypothesis seeks primarily to explain the
A) observed long-term constancy of the saving ratio. B) observed variation in the short-term saving ratio. C) unimportance of transitory income changes. D) All of the above are correct.
In September 1929, Roger Babson predicted the collapse of the stock market
Indicate whether the statement is true or false
As an industry's output increases, the industry's demand for the inputs that it uses will also increase
a. True b. False Indicate whether the statement is true or false
During Thanksgiving you participated in a pumpkin-pie eating contest. You really enjoyed the first two pies, the third one was okay, but as soon as you ate the fourth one you became ill and lost the contest. You got ________ utility from eating the fourth pie than from eating the second pie.
A. more B. the same amount of C. less variable D. less