The purchase of less than 10 percent of the shares of ownership in a company in another country is known as
A) portfolio investment.
B) an ineffective method for encouraging economic growth.
C) foreign direct investment.
D) a hostile takeover.
A
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A perfectly competitive firm's demand curve is
A) upward sloping. B) downward sloping. C) a vertical line. D) a horizontal line.
Which of the following is a difference between monopoly and perfect competition?
a. Positive economic profits earned by perfectly competitive firms result in deadweight loss, while positive economic profits earned by a monopoly result in the production of a socially efficient output level. b. Positive economic profits earned by firms in a perfectly competitive market attract new firms into the market, causing profits to increase over time, while barriers to entry protect a monopolist's profits. c. Positive economic profits earned by a monopolist attract new firms into the industry, while barriers to entry protect profits of a perfectly competitive firm. d. Positive economic profits earned by firms in a perfectly competitive market attract new firms into the market, causing profits to decrease over time, while barriers to entry protect a monopolist's profits.
In the United States, which of the following is not directly determined by U.S. income?
A. imports B. exports C. consumption D. income tax revenue
Which of the following are typically financed in a "bond market"?
i. a mortgage for a house ii. state government borrowing for a new road project iii. your purchase of 4000 shares of stock in Google A) ii and iii B) ii only C) i only D) i and iii E) i and ii