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If a person had increasing marginal utility,then the decline in utility from losing $1,000 would be greater than the increase in utility from gaining $1,000.

A) True
B) False

Correct Answer

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Risk aversion simply means that people dislike bad things to happen.

A) True
B) False

Correct Answer

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Speculative bubbles may arise in part because the value of the stock to a stockholder depends on the final sale price.

A) True
B) False

Correct Answer

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If the interest rate is 8 percent,then the present value of $1,000 to be received in 4 years is $735.03.

A) True
B) False

Correct Answer

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Historically the return on stocks has been higher than the return on bonds.In part this reflects the higher risk from holding stock.

A) True
B) False

Correct Answer

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Risk-averse persons will take no risks.

A) True
B) False

Correct Answer

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Increasing the number of corporations whose stocks are in your portfolio reduces market risk.

A) True
B) False

Correct Answer

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According to the efficient markets hypothesis,stocks follow a random walk so that stocks that increase in price one year are more likely to increase than decrease in the next year.

A) True
B) False

Correct Answer

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The market for insurance is an example of diversification.

A) True
B) False

Correct Answer

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When the price of an asset rises above what appears to be its fundamental value,the market is said to be experiencing a speculative bubble.

A) True
B) False

Correct Answer

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The concept of present value helps explain why the quantity of loanable funds demanded decreases when the interest rate increases.

A) True
B) False

Correct Answer

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Historically,stocks have offered higher rates of return than bonds.

A) True
B) False

Correct Answer

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According to the Rule of 70,it takes 70 years for a sum of money to double in value when the interest rate is 5 percent.

A) True
B) False

Correct Answer

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The future value of $1 saved today is $1/(1 + r).

A) True
B) False

Correct Answer

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Showing 41 - 54 of 54

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