For which of the following types of firms is the buying and selling of stocks and bonds not a primary function?

A. securities firms
B. investment banks
C. mutual fund companies
D. thrifts

Answer: D

Economics

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Income inequality increases as the Gini coefficient approaches 1

Indicate whether the statement is true or false

Economics

Assuming the demand curve is downward sloping, as price increases, the price elasticity of demand for a good (in absolute value) and marginal revenue:

A) increase. B) stay the same. C) decrease. D) cannot be determined.

Economics