This topic contains a solution. Click here to go to the answer

Author Question: George is considering buying shares of Intel. If the company does well, he will gain 100, but if the ... (Read 39 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
George is considering buying shares of Intel. If the company does well, he will gain 100, but if the company does poorly, he will lose 100.
 
  George is risk averse, so for George the magnitude of the pain of losing 100 will ________ the pleasure of gaining 100. A) equal
  B) be less than
  C) be greater than
  D) None of the above answers are correct because we cannot compare the pain of losing to the pleasure of gaining.

Question 2

Which of the following is TRUE regarding the quantity theory of money?
 
  I. The theory predicts that in the long run the inflation rate equals the money growth rate minus the growth rate of real GDP.
  II. The theory predicts that countries with high growth rates of money will have high inflation rates.
  III. The theory predicts that increases in the growth rate of velocity lowers the inflation rate.
  A) I and II
  B) II and III
  C) I and III
  D) I, II and III



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

A




Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Wow, this really help


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library