An asset is said to be riskless if:
A) it can be easily converted into cash. B) its value does not change from day to day.
C) its value is more likely to fall in future. D) it offers a positive rate of interest.
B
Economics
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The opportunity cost of something is the gain you receive as a result of your sacrifice
Indicate whether the statement is true or false
Economics
In macroeconomics, equilibrium is defined as the point at which:
a. the economy attains the highest level of GDP. b. there is no unemployment in the economy. c. people's plans match the reality. d. there is high inflation and unemployment in the economy. e. there is no inflation in the economy.
Economics