Which is a question of interest in this book?

A) Where is the stock market heading?
B) What is the optimal inflation rate?
C) How are stock options priced?
D) What are commodity futures?

B

Economics

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Of the choices given below, Jimmy, whose utility of wealth schedule is given above, prefers

A) option A: $300 with certainty. B) option B: 50 percent chance of $200 and 50 percent chance of $400. C) option C: 50 percent chance of $200 and 50 percent chance of $700. D) option D: 90 percent chance of $400 and 10 percent chance of $0.

Economics

Which of the following is TRUE about the labor force?

A) It includes those over 16 ages old and are employed. B) It includes those over 16 ages old and are unemployed. C) Both A and B are correct. D) None of the above is correct.

Economics