Mutual funds, pension plans, and life insurance policies:
A. are all forms of savings.
B. differ regarding when you can have access to the asset's worth.
C. all entrust a professional to decide which financial assets are the best for the saver to hold.
D. All of these are true.
D. All of these are true.
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Suppose you observe an increase in the equilibrium price of coffee and a decrease in the equilibrium quantity of coffee. Of the options listed below, this is most consistent with:
A. an increase in the cost of producing coffee. B. a decrease in consumer income assuming coffee is a normal good. C. an increase in consumer income assuming coffee is a normal good. D. a decrease in the cost of producing coffee.
If the $/yen exchange rate rises, then so does the value of the dollar.
Answer the following statement true (T) or false (F)