Buying a stock on margin will
A. guarantee gains regardless of whether a stock goes up or down in price
B. increase gains if the stock rises
C. result in a gain of the stock falls
D. will have no impact on stock returns
Ans: B. increase gains if the stock rises
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Credit unions ________
A) acquire access to funds by accepting deposits then use these monies in lending to households and firms B) are a special type of mutual fund C) raise funds by selling commercial paper then lend these funds to consumers D) acquire access to monies through the payment of premiums by employees
According to the text, the federal government spends the most taxpayer-provided funds regulating which area of the economy?
A) the environment B) finance and banking C) consumer safety and health D) transportation