​A Steady State

question 21

Multiple Choice

​A steady state

• A)​is a short­run equilibrium which describes what the exogenous variables in a model will do if they are not disturbed by any other variable in the model.
• B)​​is a short­run equilibrium which describes what the endogenous variables in a model will do if they are not disturbed by any other variable in the model.
• C)​is a long­run equilibrium which describes what the exogenous variables in a model will do if they are not disturbed by any other variable in the model.
• D)​​is a long­run equilibrium which describes what the endogenous variables in a model will do if they are not disturbed by any other variable in the model.

---

Definitions:

Beta

A measure of a stock's volatility in relation to the overall market; it indicates the tendency of a stock's returns to respond to swings in the market.

Portfolio

A group of investment assets held by either a person or a corporate entity.

Stock Y

A placeholder name typically used to represent a generic or hypothetical stock or equity investment in examples or discussions.

Beta

A measure of a stock's volatility in relation to the overall market; indicating how much a stock’s price might swing.