The L in OLI theory stands for loyalty, and this factor makes it more difficult for firms to substitute foreign operations for domestic as they fear a loss of sales due to negative publicity
Indicate whether the statement is true or false
FALSE
Economics
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The larger the marginal propensity to consume
A) the smaller the multiplier is. B) the larger the multiplier is. C) the smaller autonomous consumption is. D) the larger the marginal propensity to save is.
Economics
If demand is inelastic, a drop in price will raise total expenditure.
Answer the following statement true (T) or false (F)
Economics
Over the past 160 years in the United States, life expectancy
A) increased up to the 1950s and then declined for the next 60 years. B) has more than doubled. C) has slightly declined. D) has remained fairly constant.
Economics
Q.E.
What will be an ideal response?
Economics