When the Capital Asset Pricing Model is depicted graphically, the result is the
A) standard deviation line.
B) coefficient of variation line.
C) security market line.
D) alpha-beta line.
Answer: C
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Which of the following is a drawback to using a book as a research resource?
A) Few books are professionally reviewed B) Not all books are produced by reputable authors C) Books may become outdated D) Books are less accurate than online content E) Anyone can upload a book for circulation
According to the new trade theory, how does trade offer an opportunity for mutual gain when countries do not differ in their resource endowments or technology?
A. Trade results in a contraction of the size of the markets of individual firms. B. Trade allows for production of products at higher prices. C. Trade increases the variety of goods available to consumers and lowers the costs of those goods. D. Trade allows countries to attain self-sufficiency in the production of all goods. E. Trade guarantees first-mover advantages to all the countries that engage in trade.