By bundling share purchases of many investors together mutual funds can take advantage of economies of scale and thereby lower
A) adverse selection.
B) moral hazard.
C) transactions costs.
D) diversification.
C
Economics
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If the price of gasoline was $3.25 a gallon and it is now $3.75 a gallon, what is the percentage change in price?
A) 7.1 percent B) 13.3 percent C) 15.4 percent D) 33.3 percent
Economics
The economy tends to be less stable with a __________ LM curve causing interest rates to be rather __________ to shifts in the IS curve
A) steeper; sensitive B) steeper; insensitive C) flatter; sensitive D) flatter; insensitive
Economics