The uncertainty about the return an asset will earn is

A. liquidity.
B. time to maturity.
C. risk.
D. stochastic dominance.

Answer: C

Economics

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In the above figure, if the price is $8 per unit, how many units will a profit maximizing perfectly competitive firm produce?

A) 5 B) 20 C) 30 D) 35

Economics

Some producers are involved in producing consumption goods while others focus on the production of investments goods. Together, they generate an output that can be written as

a. C = a + bY b. Y = C + S c. Y = C + Ii d. Ii = SI e. MPC + MPS = 1

Economics