Foreign portfolio investment is sometimes called hot money because:
A. it is often invested in the assets which yield the highest returns in the world.
B. earnings often go untaxed by the home government.
C. it can be withdrawn from a country very quickly.
D. it is very difficult to trace.
Answer: C
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What will be an ideal response?
The time constraint for the consumer is
A) the amount of time for decision making. B) expressed as leisure time - time spent working = total time available. C) expressed as leisure time - sleep time = time spent working. D) expressed as leisure time + time spent working = total time available.
If a tax rate is constant as income rises, the tax is proportional
Indicate whether the statement is true or false
It may be advisable for a firm to stay in business, even if it's losing money,
a. but only in the short run b. but only if its profit covers the loss c. but only in the long run d. because "things may change" e. when the owner has lots of money