"Hot money" is
a. funds that can be moved from one type of investment to another on very short notice.
b. money that is stolen and used to buy financial instruments.
c. money that is used by a central bank when a currency is appreciating, or becoming "hot.".
d. funds that are being saved by a financial institution for good or "hot" times.
e. money earned from very high-risk investments in less developed countries.
A
You might also like to view...
Refer to the figure above. If the pre-tax equilibrium price of Good X was $3 and the price that consumers need to pay after the imposition of a per-unit tax of $3 is $5, the tax incidence on consumers is approximately ________
A) 50% B) 2% C) 3% D) 67%
Refer to the production possibilities frontier in the figure above. Which production point indicates that resources are NOT fully utilized or are misallocated?
A) point a B) point b C) point c D) point e
Refer to Figure 2-4. A movement from X to Y
A) is the result of advancements in plastic production technology only, with no change in food production technology. B) could be due to a change in consumers' tastes and preferences. C) is the result of advancements in food production technology only, with no change in the technology for plastic production. D) could occur because of an influx of immigrant labor.
The consequence for society of the free-rider problem is:
A. valuable goods and services are oversupplied. B. valuable goods and services are undersupplied. C. goods and services not valued by the society will be oversupplied. D. valuable goods and services are underdemanded.