Which of the following is an example of an institutional investor?
a. A large pension fund
b. A person who buys stocks for his portfolio
c. A company that invests millions in a new product
d. A dealer who buys a painting expecting huge returns
A
Economics
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Which of the following is the term describing very similar products being exported and imported by trading partners?
a. reciprocal trade b. imperfect competition c. intra-industry trade d. inter-industry trade
Economics
High transactions costs are reflected in
A) wide bid-asked spreads. B) narrow bid-asked spreads. C) high equilibrium prices. D) low equilibrium prices.
Economics