Domestic firms operating abroad may find it economically beneficial to adopt environment-friendly standards because
A) foreign nations may be upset if firms do not use the environment-friendly technology.
B) the least-cost strategy usually involves the adoption of one set of environment-friendly technology rather than multiple standards.
C) they may be forced to replace the old technology whenever the foreign country experiences positive economic development.
D) their environment-unfriendly technology may be replaced by foreign-based technology.
B
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Which of the following is a category of national income?
A) net interest B) rental income C) corporate profits D) all of the above
A Nash equilibrium is an outcome where
A) both players are playing their best strategy, given the strategy chosen by the opponent. B) both players are playing their best strategy, regardless of the strategy chosen by the opponent. C) only one player can play his or her best strategy due to the strategy chosen by the opponent. D) neither player has a best strategy to play.
Refer to Figure 29-1. The appreciation of the euro is represented as a movement from
A) B to C. B) D to C. C) A to C. D) D to A. E) A to B.
In the money market, a condition of excess demand for money can be eliminated by a ________ in aggregate output or a ________ in the interest rate, everything else held constant
A) rise; rise B) rise; fall C) fall; rise D) fall; fall