A firm becomes a multinational enterprise when

A) it lists its stock on a stock exchange other than the one in its home country.
B) it undertakes foreign direct investment.
C) it undertakes foreign portfolio investment.
D) Any of the above.


B

Economics

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Government expenditures on goods and services include

i. the New York City Library's purchase of new books. ii. Washington D.C.'s purchase of gas for its city buses. iii. California's payment of wages to prison guards. A) i and ii B) i and iii C) i, ii and iii D) i only E) ii and iii

Economics

One way to measure national debt over time is debt relative to:

a. the cash flow of the banking system. b. the economy's production and income. c. credit sales of consumer durables over a year. d. national home sales in large cities.

Economics

The twin responsibilities of the Federal Reserve are:

A. to print money and ensure price stability. B. to ensure price stability and regulate international trade. C. to maintain full employment and balance the federal budget. D. to ensure price stability and maintain full employment.

Economics

At a recent company meeting, Geraldine Erwin, sales manager of Dastoria, a flavored-beverage producer announced, "We have increased our sales by 8 percent in just six months." Suppose six months ago, its sales amounted to $452,000, what is the value of

its sales today? A) $36,160 B) $415,840 C) $488,160 D) $565,000

Economics