Those who think that a popular investment is necessarily a good investment often find themselves earning low returns
Indicate whether the statement is true or false
True
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All of the following will cause a shift in the supply of jeans EXCEPT
a. a decrease in the prices of jeans. b. a decrease in the number of jean manufacturers. c. an increase in the cost of producing jeans. d. a per-unit government subsidy on the production of jeans.
Which of the following is a consumption good or service?
A) a United Parcel Service truck delivering Christmas gifts B) a personal computer purchased in order to play games at home C) a satellite dish installed by Cox Cable to download programs that are then distributed through its cable system D) a United Airline ticket counter E) the Endeavor space shuttle
Which of the following are TRUE of fixed payment loans?
A) The borrower repays both the principal and interest at the maturity date. B) Installment loans and mortgages are frequently of the fixed payment type. C) The borrower pays interest periodically and the principal at the maturity date. D) Commercial loans to businesses are often of this type.
World trade declined in the 1930s. Which of the following is the best explanation of that decline?
A. The incomes of most nations increased, allowing them to become more self-sufficient. B. Trade restrictions increased, but there was little change in world income. C. World income shrank, but there were few changes in trade restrictions. D. World income shrank, and trade restrictions increased.