If the federal reserve conducts an open market purchase, we can expect
a. the short-run phillips curve will shift left.
b. the short-run phillips curve will shift right.
c there will be a movement to the right along the short-run phillips curve.
d. there will be a movement to the left along the short-run phillips curve.
e. the long-run phillips curve will shift right.

Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the

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Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable