Investment in a broad portfolio of stocks is most attractive for
a. short-term investors.
b. long-term investors.
c. investors seeking a steady rate of return.
d. investors who will need the funds for other purposes in about 10 years.
B
Economics
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The Fed was created
A) after financial panics in the late 1800s and early 1900s. B) after the stock market crash of 1929. C) to help finance government expenditures during World War II. D) to help channel funds to the residential mortgage market.
Economics
Suppose that the price of cornflakes is $3 per box and the price of oatmeal is $4.50 per box. Both boxes contain the same number of ounces of cereal. The relative price of cornflakes in terms of oatmeal is
A) 0.67. B) 1.0. C) 0.75. D) 1.50.
Economics