International investors are more likely to invest in countries
A) where it is relatively easier to establish property rights to capital goods.
B) where there is a significant amount of dead capital.
C) which have a high amount of government inefficiency.
D) where there are barriers to the ownership of capital goods.
A
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Which of these instances would constitute labor-market discrimination? Courtney and Nicole are identical in all of their labor-market characteristics except that Courtney earns a higher salary than Nicole because
a. Courtney is beautiful and Nicole is not. b. Courtney is 40 years old and Nicole is 60 years old. c. Courtney works the night shift and Nicole works the day shift. d. Courtney attended on the job-training seminars which allows her to do tasks Nicole is not qualified for.
Discuss whether a large private organization could function in the role of a lender of last resort, and if it could, what potential problem(s) might arise.
What will be an ideal response?
How have some patients been harmed by Medicare reimbursement caps?
A) They have been discharged from the hospital too soon, so that the hospital can cut costs. B) They have been kept in the hospital too long, so that the hospital can get a higher reimbursement amount. C) They have had to undergo unnecessary procedures, so that the hospital can get a higher reimbursement amount. D) They have had to wait too long for essential procedures.
Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reconstructing an antique quilt which she expects to sell for $1,500 once she is finished. After having spent $800, Cassie discovers
that she would need some special period fabric that would cost her $200 in material and time in order to complete the task. Alternatively, she can sell the quilt "as is" now for $900. What is her marginal benefit if she sells the quilt "as is" now? A) $100 B) $900 C) She makes a marginal loss of $600, not a marginal benefit. D) The marginal benefit cannot be determined.