Most doctors and hospitals operate as private businesses in all of the following countries except

The government of a country decides it long-run exchange rate and intervenes regularly in the foreign exchange market to keep the exchange rate at its fixed level. The country is most likely to have a ________

A) fixed exchange rate system B) dirty-float exchange rate system C) real exchange rate system D) floating exchange rate system

Sam, after taking a $200 loan from the bank to finance an investment that pays $1000 50% of the time and $0 50% of the time at a 100% interest, discovers another riskier investment that pays out $5,000 but only 10% of the time, while the other 90% of the time it pays zero. Would the he want to switch to the riskier investment?

a. Yes because his return has increased b. No because his liability to the bank has increased c. No because his return has decreased d. None of the above