Private donations of aid are:
A. a dwindling portion of aid given to foreign countries.
B. larger than the entire budget for official foreign aid provided by the U.S.
C. a significant portion of aid, nearly half as much as the budget for official foreign aid provided by the U.S.
D. not generally counted in aid statistics that are reported by various aid agencies.
B. larger than the entire budget for official foreign aid provided by the U.S.
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According to Friedman, people behave differently with respect to the different kinds of incomes they earn. For example, the MPC in 2002 is associated with their _________ income earned in 2000 . The difference between the income earned in 2001, and that income in 2002 is called ___________ income
a. relative; absolute b. absolute; relative c. permanent; transitory d. transitory; permanent e. transitory; transitory
A price floor creates a situation in which one party wins and another party loses, and the gains for the winner are equal to the losses for the loser
Indicate whether the statement is true or false
Which of the following is an example of U.S. foreign direct investment?
a. A Swedish car manufacturer opens a plant in Tennessee. b. A Dutch citizen buys shares of stock in a U.S. company. c. A U.S. based restaurant chain opens new restaurants in India. d. A U.S. citizen buys stock in companies located in Japan.
A negative side of a revenue-sharing plan is that it:
A. can be difficult to manage from an accounting standpoint. B. can be costly if revenues are low. C. does not induce hard or better work. D. gives no incentive for workers to minimize costs.