________ is (are) estimated at approximately $100 billion per year.
A. The value of brain drain flowing into the United States
B. Remittances sent from developed countries to less developed countries
C. Capital flight from the United States
D. Social overhead capital in the United States
Answer: B
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The volatility of stock prices, particularly in the short-run, may, according to Professor S. Grossman, be due to
a. large numbers of stockholders fearful of losing wealth who sell at some predetermined level. b. some traders being better informed than others about real financial conditions. c. either or both of the above. d. the increasing use of stock options as compensation for corporate executives.
If the demand for a product remains the same and the supply falls,
A) the market clearing price will fall and the equilibrium quantity will rise. B) the market clearing price will rise and the equilibrium quantity will fall. C) both the market clearing price and the equilibrium quantity will fall. D) both the market clearing price and the equilibrium quantity will rise.
The size of the test
A) is the probability of committing a type I error. B) is the same as the sample size. C) is always equal to (1-the power of test). D) can be greater than 1 in extreme examples.
Monopolies are always large firms with great economies of scale
a. True b. False Indicate whether the statement is true or false