A person is betting a coin will come up heads or tails. The coin always lands on one of these two outcomes. This person can bet to
A) eliminate only the systematic risk.
B) eliminate only the random risk.
C) eliminate all risk.
D) All of the above.
C
Economics
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The price of peaches goes up and I observe you buying fewer strawberries. This implies strawberries must be a normal good.
Answer the following statement true (T) or false (F)
Economics
Which of the following is true if there is a surplus of loanable funds?
What will be an ideal response?
Economics