If two investments, X and Y, have the same expected return an individual investor would prefer:
a. the one with a higher standard deviation.
b. the one with a higher mean.
c. the one with a lower correlation coefficient.
d. the one with a lower variance.
D
Economics
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The national debt is the difference between current government expenditures and taxes.
a. true b. false
Economics
If the demand for bananas is elastic, then an increase in the price of bananas will
a. increase total revenue of banana sellers. b. decrease total revenue of banana sellers. c. not change total revenue of banana sellers. d. There is not enough information to answer this question.
Economics