In 2009, _________was the least significant liability of U.S. nonfinancial businesses in terms of total value.

II, III, and IV

I, II, and IV

II and IV

I, III, and IV

I, II, III, and IV

Dollar-denominated deposits in European banks

Dollar-denominated deposits at foreign banks and branches of American banks outside the U.S

Dollar-denominated deposits at American banks in the U.S

Dollar-denominated deposits at branches of foreign banks in the U.S

Dollars that have been exchanged for European currenc

always underperform the market

do not generally outperform the market

exceed the return on index funds

beat the market return in most years

beat the market return in all years

global funds

ETFs because mutual funds do not exist that will provide the desired objective

international funds

emerging market funds

regional funds

0.01%

1.52%

0.50%

1.92%

None of the above answers are correct

49%

18%

31%

12%

29%

is a risky investment with a zero risk premium

will not be undertaken by a risk-averse investor and is a risky investment with a zero risk premium

will not be undertaken by a risk-averse investor

is a riskless investment

will not be undertaken by a risk-averse investor and is a riskless investment

positive

northeast

negative

cannot be determined

zero

It connects portfolios that offer increasing utilities according to returns and standard deviations

It is the locus of portfolios that have the same standard deviations and different rates of return

It is irrelevant to making a decision of what portfolio would best suit the investor

It is the locus of portfolios that offer the same utility according to returns and standard deviations

It is the locus of portfolios that have the same expected rates of return and different standard deviations

50% and 50%

30% and 70%

Cannot be determined

60% and 40%

40% and 60%