Like tariffs, quotas tend to lead to
A) higher prices and reduced imports.
B) increased government revenue.
C) increased consumer surplus.
D) All of the above.
A
Economics
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Referring to Table 12.2, if the nominal interest rate is 8.5 percent and there is no inflation, which investments will be undertaken?
A) D, E B) E C) C, E D) none of the above
Economics
In the context of portfolio diversification,
A) investors are compensated for diversifiable risk in the portfolio. B) prudent investors should hold about three to five stocks in their portfolio. C) a stock index mutual fund is a financial intermediary that offers small investors a way to participate in the performance of the stock market as a whole. D) financial intermediaries make it more difficult to be diversified.
Economics