The fundamental characteristics influencing the value of a financial instrument include each of the following except:
A. where the instrument is traded.
B. the size of the payment promised.
C. the likelihood of payment.
D. when the promised payment will be made.
Answer: A
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A capital ________ can promote financial instability in an emerging-market country because it can lead to a lending boom and excessive risk-taking on the part of banks, which helps trigger a ________
A) inflow; financial crisis B) inflow; currency devaluation C) outflow; financial crisis D) outflow; currency devaluation
In this situation the monopoly's profit maximizing output level is:
a. 0.2. b. 0.4. c. 0.5. d. 0.7.
After an increase in demand in a constant-cost industry, firms will find themselves with higher average cost curves
a. True b. False
When a firm is hiring the optimal amount of labor, the change in total labor cost divided by the change in labor employed is equal to
a. one b. the wage rate c. the number of firms employing labor d. the change in total revenue e. the price of the good