Take note that passing requires you to score a minimum of 45/50. I failed many of my e-trial tests, but passed BTT in the end!
In the sample case of riskless and yieldless money, and a multivariate normal distribution for the yields of all other assets, Tobin's famous separation theorem implies that a proportional tax decreases the demand for money and increases the demand for all risky assets.
There's only one problem. Files converted from Word Perfect to Q&A format don't work with Q&A. Q&A thinks it has read in the file, but then the whole mess blows up. Ungood. Double plus ungood.
The sight of deep-pitted orbs and gumless mouths with protruding crooked teeth was macabre and gruesome.
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