Which of the following statements is CORRECT?

A) Compared to stocks, bonds have a higher return.
B) Compared to stocks, bond returns have a higher standard deviation.
C) Compared to bonds, stock returns have a lower standard deviation.
D) Compared to bonds, stock returns have a higher standard deviation.

D

Economics

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Which of the following was an implication of the U.S. government's Clean Air Act Amendments (CAAA) of 1977?

A) It acted as a barrier to entry. B) It increased consumer surplus. C) It reduced the profits of existing firms. D) It reduced the market power of existing firms.

Economics

Consider two upward sloping income-utility curves with income on the horizontal axis. The steeper curve represents risk preferences that are more:

A) risk averse. B) risk loving. C) loss averting. D) We cannot answer this question without more information about the shapes of the curves.

Economics