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Maurinko [17]
3 years ago
11

You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o

ff all exports of oranges to Freedonia. Harpo, who is one of your advisors, suggests that you should impose a binding price ceiling in order to avoid a shortage of oranges. Chico, another one of your advisors, argues that without a binding price floor, a shortage will certainly develop. Zeppo, a third advisor, says that the best way to avoid a shortage of oranges is to take no action at all. Which of your three advisors is most likely to have studied economics?
A. Harpo
B. Chico
C. Zeppo
D. Apparently, all three advisors have studied economics, but their views on positive economics are different
Business
1 answer:
Yakvenalex [24]3 years ago
3 0

Answer:

C. zeppo

Explanation:

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Explanation:

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The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.

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3 years ago
You are considering investing $2,600 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 4% a
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Answer:

40% , 24% and 16%

Explanation:

Total Amount invested = $2600

Portfolio is composed of :

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Optimal weights

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<u>To form a complete portfolio with an expected rate of return of 8% </u>

Invest approximately 40% in risky portfolio

Invest approximately 24% and 16% of your complete portfolio in security X and Y

attached below is the detailed solution

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3 years ago
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