The first number in any ordered pair is
a. the x-coordinate.
b. the y-coordinate.
c. the vertical location of the point.
d. the slope.
a
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What happens to the amount of funds supplied to the loanable funds market when the interest rate decreases?
a) The amount of loanable funds supplied decreases. b) The amount of loanable funds supplied increases. c) The amount of loanable funds supplied stays the same. d) The amount of loanable funds supplied falls to zero when the interest rate decreases
Scatterbrain Samantha often forgets to lock her house. This has caused the probability of a burglary to be 30%. If her house gets broken into, she faces a property loss of $10,000, otherwise she gets to keep her $100,000 . If Samantha is offered a full coverage insurance policy for her house at $2000, would she buy the insurance?
a. Yes because she gets to now enjoy her wealth risk-free b. No, because she can take the risk and be better off c. Yes, because she gains on average with the insurance d. Both A&C