Suppose that you own $10,000 worth of stock in General Motors. Adding stock in which of the following companies would be least likely to reduce the risk in your portfolio?
A) Google
B) Walmart
C) Ford
D) General Electric
C
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Without technological advancement, how can a nation achieve economic growth?
A) by producing more high-value goods and fewer low-value goods B) by producing more low-value goods and fewer high-value goods C) through an increase in supplies of factors of production D) by decreasing the size of the labor force
If the government increases military spending ________
A) the IS curve would shift to the left B) output will decrease if interest rates remain fixed C) the unemployment rate could fall D) all of the above E) none of the above
The manager of a firm is attempting to practice third degree price discrimination. She has equated the marginal revenue in each of her markets. By doing this her
A) profits are maximized. B) costs are minimized given her level of output. C) revenues are maximized given her level of output. D) all of the above
Which of the following is not true of the statistical discrepancy in the balance of payments?
a. It is residual. b. It is a measure of net error in the balance of payments data. c. It is necessary because some transactions go unreported. d. An excess of credits in all other accounts must be offset by equivalent debits in the statistical discrepancy account. e. A difference between credits and debits is taken care of by changes in the official reserve transaction account.