You pay your neighbor $100 in exchange for the used washing machine she is selling. Your neighbor puts that $100 into her pocket and takes her family out to the movies and a nice dinner at the end of the week. She still has $20 left after this outing and decides to put the remaining $20 into her savings account. This is an example of:

The American Automobile Labeling Act clarifies all of the following except:

A) country of origin. B) final assembly point. C) the percentages of the major sources of every car and truck. D) information about car dealer. E) aesthetic style.

If the expected return is above the required return on an asset, rational investors will:

A) Buy the asset, which will drive the price up and cause expected return to reach the required return. B) Sell the asset, which will drive the price down and cause the expected return to reach the required return. C) Sell the asset, which will drive the price up and cause the expected return to reach the required return. D) Sell the asset, since price is expected to decrease.