An example of a public good is
A. a joke.
B. a book.
C. an apple.
D. a public utility.
Answer: A
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The foreign exchange market is the market on which the ________ of various nations are traded for one another.
A. currencies B. goods and services C. international financial securities D. stocks and bonds
According to the efficient markets hypothesis, the difference between today's price for a share of stock and tomorrow's price is
A) predictable given currently available information. B) equal to today's price minus yesterday's price. C) unforecastable. D) zero.
Medical savings accounts _____
a. provide insurance for very small health care expenditures b. provide little accountability for small purchases c. provide catastrophic coverage d. all of the above e. a and b
Is the investment in the new printer feasible?
a. Yes since NPV>0 b. No since NPV<0 c. Yes since the present value of the cash flows is greater than zero d. No since the present value of the cash flows is lesser than zero