Examlex
Specialization and trade can make everyone better off if a person can obtain goods at prices that are less than that person's opportunity cost.
Endowments
Funds donated to institutions with the stipulation that the principal remains intact and only the investment income is spent.
After-Tax Rate
The rate of return on an investment after accounting for taxes, more reflective of the net gain to the investor.
Safety Of Principal
The assurance that an investment will be repaid or retained, primarily concerning the preservation of invested capital.
Diversified Portfolio
An investment strategy that involves spreading investments across various asset classes to reduce risk.
Q110: For both parties to gain from trade,
Q148: The scientific method is<br>A) the use of
Q155: When an economist points out that you
Q161: Suppose Jim and Tom can both produce
Q233: Refer to Table 3-8. The opportunity cost
Q332: A circular-flow model and production possibilities frontier
Q336: When economists make normative statements, they are<br>A)
Q350: Who said, "The whole of science is
Q451: Which of the following is not correct?<br>A)
Q542: A decrease in the price of blueberries