Chinese exports of toys and footwear can be explained by factor endowments, while Chinese exports of telecommunications equipment and computers and accessories can be explained by product-cycle analysis
Indicate whether the statement is true or false
TRUE
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Workers in the United States receive significantly higher compensation than almost all other western European nations.
Answer the following statement true (T) or false (F)
Bonds differ from stocks in all of these ways except:
a. a purchase of corporate stock becomes a part owner of the corporation, while a bondholder does not b. a bondholder loans money to the corporation, which has priority for repayment, while a stockholder may lose her investment c. stockholders know with a high degree of certainty how much money they will get, while bondholders do not d. all of these are correct
Suppose a jar of DeLux popcorn that is ultimately sold to a customer at Friendly Groceries is produced by the following production process: Name of CompanyRevenuesCost of Purchased InputsFulton Family Farm$0.500DeLux Popcorn Co.$2.50$0.50Friendly Groceries$4.00$2.50 What is the value added of Fulton Family Farm?
A. $0.00 B. $0.50 C. $2.50 D. $1.50
A major reason for the existence of inflationary and deflationary gaps is that
A. corporations do most of the nation’s saving. B. saving and investing are done by people with no social conscience. C. consumers do most of the nation’s saving. D. saving and investing are done by different groups.