Which of the Following Assets Had Both the Lowest Average

question 115

Multiple Choice

Which of the following assets had both the lowest average annual return and lowest risk between 1926 and 2011?

• A)small company stocks
• B)large company stocks
• C)long-term corporate bonds
• D)U)S. Treasury bills

Understand how the demand curve is derived from diminishing marginal utility.

Understand the implications of changes in income and prices on consumer equilibrium.

Recognize the role of time and opportunity cost in consumer behavior.

Explain the diamond-water paradox and the importance of marginal utility in determining price.