Which is the best example of a nondiversifiable risk for Stalwart Shoes?
A) A project to open a new store in Texas
B) A project to open a new factory in Texas
C) A project to move into the sock market
D) The state of the economy in Texas
E) The state of the U.S. economy
E
Economics
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Suppose you observe that the sun sets every evening after the six o'clock business report. If you conclude that the six o'clock business report makes the sun set, you are guilty of the fallacy of:
A) division. B) composition. C) false cause. D) science.
Economics
Most modern banking systems are based on:
A. money of intrinsic value. B. commodity money. C. 100 percent reserves. D. fractional reserves.
Economics