Which of the following is foreign portfolio investment sometimes called?
A. Hot investment
B. Quick sale
C. Hot money
D. Wasteful investment
C. Hot money
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If a firm knew every consumer's willingness to pay and could prevent arbitrage it could charge every consumer a different price. This practice is known as
A) first-degree transfer of consumer surplus, or perfect price discrimination. B) first-degree price discrimination, or perfect price discrimination. C) maximization of producer surplus, or perfect price discrimination. D) first-degree exploitation, or perfect price discrimination.
An exogenous variable is typically ________
A) calculated by the model B) only used to conduct policy analysis C) explained inside the model D) disregarded in economic models E) none of the above
If the demand for a good increases when the price of another good increases, then these goods are:
a. complementary in consumption. b. complementary in production. c. substitute in production. d. substitute in consumption. e. neither substitutes nor complementary.
The short run is a period of time during which all costs are fixed costs.
Answer the following statement true (T) or false (F)