As of the end of 1994, which of the countries in our survey had the largest proportion of stock held by individuals?
A) The United Kingdom
B) The United States
C) Japan
D) Germany
B
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In comparing the European Union and the United States as OCAs, the authors of the text conclude that there is(are):
A) greater integration of goods markets and greater labor mobility in the United States than in Europe, but about the same symmetry of shocks in the two regions. B) greater integration of goods markets, greater labor mobility, and greater symmetry of shocks in the United States than in Europe. C) less integration of goods markets, but greater labor mobility and greater symmetry of shocks in the United States than in Europe. D) greater integration of goods markets, greater labor mobility, and greater symmetry of shocks in Europe than in the United States.
If a person is going to borrow $360,000 for a home and pay it off in monthly payments of $4,552.00 for 30 years, the internal rate of return is
A. 15%. B. 0%. C. 5%. D. 10%.