Which of the following has made it possible for investors without any special business skills to benefit from the ownership of corporate America?
A) all of the above
B) the availability of mutual funds, which make it possible for even small investors to purchase a diverse stock portfolio at a low cost
C) the virtual disappearance of business failures among corporations with publicly traded stock shares
D) an increased tendency of small investors to buy and sell stock frequently
the availability of mutual funds, which make it possible for even small investors to purchase a diverse stock portfolio at a low cost
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Monopolistically competitive firms increasing their advertising will definitely achieve which of the following?
A) shift their average total cost curve up B) shift their demand curve to the right C) increase their economic profit D) shift their demand curve to the right and shift their average total cost curve up
Assume the current interest rate on a one-year bond is 7%, and the interest rate investors expect on the one-year bond one year from now is 3%
According to the expectations hypothesis, the current interest rate (per year) on a two-year bond should be A) 3%. B) 5%. C) 7%. D) 10%.