To reduce politicization of policy making, many countries have given control of ________ to politically independent central banks

Adriana wants to try working as an independent contractor this summer. She has a 50 percent chance that she will make $9,000 and 50 percent chance that she will make nothing. Her utility of wealth curve is shown in the figure above

What's Adriana's cost of risk? A) $2,500 B) $2,000 C) zero D) $40

Investment banks specialize in

(a) Managing borrowing and the deposits of its customers (b) Managing commercial papers (c) Facilitating the loan interactions between banks and merchants (d) Handling long-term securities such as stocks, bonds and other securities.