LS
Latifat Sulaimon
Answers (7)
LS
Answered
Indifference analysis assumes that utility is numerically measurable.
On Jul 29, 2024
False
LS
Answered
The semi-strong form of market efficiency is best described as a market where _____ reflected in the current security prices.
A) all historical market prices are
B) all information of every kind is
C) all public information is
D) all insider information is
E) all information, publicly known or not, is
A) all historical market prices are
B) all information of every kind is
C) all public information is
D) all insider information is
E) all information, publicly known or not, is
On Jul 02, 2024
C
LS
Answered
Why is the monopolistic competitor's demand curve more elastic than a pure monopolist's but less elastic than a pure competitor's? What factors determine the price elasticity of demand for a monopolistic competitor?
On Jun 29, 2024
The monopolistic competitor's demand is more elastic than the demand faced by a pure monopolist because the monopolistically competitive seller competes with many other firms producing close substitutes. The pure monopolist has no rivals at all. The price elasticity of demand faced by the monopolistically competitive firm depends on the number of rivals and the degree of product differentiation. The more rivals and the weaker the product differentiation, the greater the price elasticity of each seller's demand and the closer monopolistic competition will be to pure competition.
LS
Answered
Another name for statistical benchmarking is a ______.
A) logic model
B) social return
C) financial ratio
D) comparative performance measurement
A) logic model
B) social return
C) financial ratio
D) comparative performance measurement
On Jun 01, 2024
D
LS
Answered
If the exchange rate between the United States and Mexico changes from $1 = 100 pesos to $1 = 5 pesos, ceteris paribus
A) U.S. imports from Mexico increase.
B) Mexican exports to the United States increase.
C) U.S. exports to Mexico increase.
D) the trade deficit in the United States increases.
A) U.S. imports from Mexico increase.
B) Mexican exports to the United States increase.
C) U.S. exports to Mexico increase.
D) the trade deficit in the United States increases.
On May 30, 2024
C
LS
Answered
If the country is heading into a recession,the Fed might be able to counteract this by
A) increasing the discount rate.
B) carrying out an expansionary fiscal policy.
C) forcing the government deficit to decrease.
D) acting to increase the money supply.
A) increasing the discount rate.
B) carrying out an expansionary fiscal policy.
C) forcing the government deficit to decrease.
D) acting to increase the money supply.
On Apr 30, 2024
D