Investors lower the risk of losing their investment by investing in one large firm, rather than investing in many small firms

Supply-side economists

a. focus almost exclusively on the supply-side effects of changes in the money supply. b. did not devote much attention to the supply-side effects of changes in income tax rates since the marginal income tax rate is very low and pertained only to the relatively wealthy. c. argued that cuts in marginal tax rates had very favorable supply-side effects. d. argue that government spending is at least as important as tax rates.

To maximize satisfaction, the consumer must reach the lowest indifference curve that can be reached with a given level of income

a. True b. False Indicate whether the statement is true or false