Investors diversify portfolios:
A. because diversified portfolios pay the highest rates of return.
B. because diversified portfolios are guaranteed not to lose money.
C. to reduce the risk of losing their investment.
D. to guarantee minimum returns on their investment.
C. to reduce the risk of losing their investment.
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A lump-sum tax is:
A. a head tax. B. the most efficient form of taxation. C. a tax that charges the same amount to each taxpayer. D. All of these statements are true.
In 2015, the U.S. experienced a deficit in its balance of trade with
A. Mexico. B. Canada. C. China. D. all of the answers are correct.
The deficit that exists when the economy operates at full employment is called the __________ deficit
A) net B) gross C) cyclical D) structural
The purpose of antitrust legislation is
A. to maximize employment for a given price level. B. to reduce the power of monopoly. C. to reduce unemployment. D. to increase the power of monopoly.