标题: Capital Market Expectations Quiz [打印本页] 作者: king_kong 时间: 2011-7-11 19:37 标题: Capital Market Expectations Quiz
Which of the following is true:
a) Beta research is the development of capital market research.
b) An endogenous variable is determined outside the system.
c) Permanent income hypothesis asserts that consumers' spending behavior is largely determined by current income.
re A: Beta research is the RESULT of capm research IMHO
what's permanent income hypothesis? sounds like leveraging yourself against the wall to buy a beachview condo because you think your income is permanent作者: jmh530 时间: 2011-7-11 19:37
A
B: Exogenous not endogenous.
C: Largely by future income so consumer spending rarely changes in recession.作者: bkballa 时间: 2011-7-11 19:37
