According to the textbook, if a wave of pessimism cause stocks to become generally overvalued, the best investment strategy is to
A. sell as many stocks as possible.
B. continue to diversify your investment portfolio.
C. buy only government bonds.
D. hold all available stocks and sell them later.
Answer: B
Economics
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The branch of economics that deals with the analysis of the whole economy is called
A) macroeconomics. B) marginal analysis. C) microeconomics. D) metroanalysis.
Economics
The consumer is in equilibrium when
A) MRT = MRS. B) Px/Py=MUx/MUy C) the budget line is tangent to the indifference curve at the bundle chosen. D) All of the above.
Economics