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NEW QUESTION: 1
Margin accounts are mostly used by:
A. Speculators who think that their long run returns will be greater than the cost of borrowing
B. All of the above
C. Investors who think that their long run returns will be greater than the cost of borrowing
D. Traders who think that their long run returns will be greater than their cost of borrowing
Answer: B

NEW QUESTION: 2
A widow made the following cash gifts during the current year:
*Donee Amount of Gift
*A qualified charity $40,000
*A close friend 30,000
*Her sister 5,000
*Her daughter 15,000
*Her brother 10,000
The total amount of the taxable gifts made this year was
A. $52,000
B. $45,000
C. $95,000
D. $23,000
Answer: D

NEW QUESTION: 3
According to the self-determination theory, a personal trainer would be most effective in helping a new client engage in an exercise regimen by ______.
A. instructing him/her to bicycle 5 miles to work & back 5 days per week at a moderate pace
B. instructing him/her to walk/jog 3 days per week for 20-30 minutes at his/her training heart rate
C. encouraging him/her to choose a favorite mode of exercise in a supportive group environment that meets regularly
D. encouraging him/her to take a 45 minute step-aerobics class 3 days per week in a supportive group environment
Answer: C