A) "an obsession among economists that defies explanation."
B) "the greatest mathematical discovery of all time."
C) his own discovery.
D) John Maynard Keynes's greatest contribution.
Correct Answer
verified
Multiple Choice
A) $411.26 if the $500 is to be received in 5 years and $338.95 if the $500 is to be received in 10 years.
B) $348.28 if the $500 is to be received in 5 years and $242.60 if the $500 is to be received in 10 years.
C) $291.11 if the $500 is to be received in 5 years and $272.89 if the $500 is to be received in 10 years.
D) $291.11 if the $500 is to be received in 5 years and $236.49 if the $500 is to be received in 10 years.
Correct Answer
verified
Multiple Choice
A) $110.00 two years from today.
B) $112.49 three years from today.
C) $116.00 four years from today.
D) $123.67 five years from today.
Correct Answer
verified
Multiple Choice
A) Jarrod and Simon are both correct.
B) Jarrod and Simon are both incorrect.
C) Only Jarrod is correct.
D) Only Simon is correct.
Correct Answer
verified
Multiple Choice
A) to entice risk-loving people to become risk averse.
B) to promote the phenomenon of adverse selection.
C) not to eliminate the risks inherent in life, but to spread them around more efficiently.
D) not to spread risks, but to eliminate them for individual policy holders.
Correct Answer
verified
Multiple Choice
A) changes in the prices of stocks are predictable. Evidence shows that managed funds typically do better than indexed funds.
B) changes in the prices of stocks are predictable. Evidence shows that indexed funds typically do better than managed funds.
C) changes in the prices of stocks are not predictable. Evidence shows that managed funds typically do better than indexed funds.
D) changes in the prices of stocks are not predictable. Evidence shows that indexed funds typically do better than managed funds.
Correct Answer
verified
Multiple Choice
A) Stock prices should follow a random walk.
B) Index funds should typically outperform highly managed funds.
C) News has no effect on stock prices.
D) There is little point in spending many hours studying the business pages looking for undervalued stocks.
Correct Answer
verified
Multiple Choice
A) $3,180.00
B) $3,182.70
C) $3,183.62
D) None of the above are correct to the nearest cent.
Correct Answer
verified
Multiple Choice
A) rise, and investment spending rise.
B) rise, and investment spending fall.
C) fall, and investment spending rise.
D) fall, and investment spending fall.
Correct Answer
verified
Multiple Choice
A) marginal utility diminishes as wealth rises, so he must be risk averse.
B) marginal utility diminishes as wealth rises, but we can't tell from this if he is risk averse.
C) marginal utility increases as wealth rises, so he must be risk averse.
D) marginal utility increases as wealth rises, but we can't tell from this if he is risk averse.
Correct Answer
verified
Multiple Choice
A) can be reduced by placing a large number of small bets rather than a small number of large bets.
B) can be reduced by increasing the number of stocks in a portfolio.
C) Both A and B are correct.
D) Neither A nor B are correct.
Correct Answer
verified
Multiple Choice
A) Britney is risk averse.
B) Britney gains less satisfaction when her wealth increases by X dollars than she loses in satisfaction when her wealth decreases by X dollars.
C) the property of diminishing marginal utility applies to Britney.
D) All of the above are correct.
Correct Answer
verified
Multiple Choice
A) 3.5 percent
B) 4.5 percent
C) 5 percent
D) 7 percent
Correct Answer
verified
Multiple Choice
A) often go hand in hand with fluctuations in the economy more broadly.
B) rarely have anything to do with fluctuations in the economy more broadly.
C) have few, if any, macroeconomic implications.
D) are attributable to the widespread belief that the efficient markets hypothesis is correct.
Correct Answer
verified
Multiple Choice
A) $1,157.90
B) $1,168.65
C) $1,176.00
D) None of the above are correct to the nearest cent.
Correct Answer
verified
Multiple Choice
A) a game where she has a 70 percent chance of winning $1 and a 30 percent chance of losing $1
B) a game where she has a 60 percent chance of winning $100 and a 40 percent chance of losing $100
C) a game where she has a 60 percent chance of winning $2 and a 40 percent chance of losing $1
D) All of the above are correct.
Correct Answer
verified
Short Answer
Correct Answer
verified
View Answer
True/False
Correct Answer
verified
Multiple Choice
A) no less than 9.48 percent.
B) no greater than 9.48 percent.
C) no less than 10.83 percent.
D) no greater than 10.83 percent.
Correct Answer
verified
Multiple Choice
A) Managed funds typically have a higher return than indexed funds. This tends to refute the efficient market hypothesis.
B) Managed funds typically have a higher return than indexed funds. This tends to support the efficient market hypothesis.
C) Index funds typically have a higher rate of return than managed funds. This tends to refute the efficient market hypothesis.
D) Index funds typically have a higher rate of return than managed funds. This tends to support the efficient market hypothesis.
Correct Answer
verified
Showing 421 - 440 of 510
Related Exams