An important feature of money market mutual fund shares is
A) deposit insurance.
B) the ability to write checks against shareholdings.
C) the ability to borrow against shareholdings.
D) claims on shares of corporate stock.
B
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One seamstress can sew 2 dresses per day and two seamstresses can sew 5 dresses per day. If the marginal revenue product of hiring the second seamstress is $360, then in a competitive product market
a. there are decreasing returns to scale b. there are diminishing returns to labor c. each dress sells for $120 d. the seamstresses are earning zero economic profits in the short run e. marginal cost of production is $120
The more liquid markets are the:
A. lower the interest rates, and the higher the amount of investment. B. lower the interest rates, and the lower the amount of investment. C. higher the interest rates, and the higher the amount of investment. D. higher the interest rates, and the lower the amount of investment.