Which of the following will reduce the risk accompanying equity (stock) investments?
a. the purchase of shares of a mutual fund that holds the stocks of many diverse corporations
b. the purchasing and holding of equities over a lengthy period of time
c. the purchase of shares in firms doing business in a wider variety of industries and markets
d. all of the above
D
Economics
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When the monopoly firm is able to charge a higher price, the amount of ________ also increases, thus magnifying the importing nation's __________.
a. quota rents; losses b. comparative advantage; gains from trade c. profits; welfare d. protection; employment gains
Economics
A person who takes a prescription drug to control high cholesterol most likely has a demand for that drug that is
a. inelastic. b. unit elastic. c. elastic. d. highly responsive to changes in income.
Economics