Globalization of resource markets has resulted in the business practice of offshoring, which involves:
A. Only an outflow of jobs away from the U.S.
B. No possible expansion of jobs in the U.S.
C. Huge losses to consumers in the U.S.
D. Both an outflow as well as an inflow of jobs in the U.S.
D. Both an outflow as well as an inflow of jobs in the U.S.
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What is the "good news" and the "bad news" about a higher value of the U.S. dollar?
What will be an ideal response?
Refer to Table 2-1. Assume Tomaso's Trattoria only produces pizzas and calzones. A combination of 24 pizzas and 30 calzones would appear
A) along Tomaso's production possibilities frontier. B) inside Tomaso's production possibilities frontier. C) outside Tomaso's production possibilities frontier. D) at the horizontal intercept of Tomaso's production possibilities frontier.
Which of the following is an example of an ordering cost for goods held in inventory?
A) the cost of storage B) the costs of securing the inventory C) the opportunity cost of using funds to finance the inventory D) the cost of the paperwork necessary to pay for each order
M1 = 1,000 Small denomination time deposits = 1,500 Savings deposit = 1,800 Money market mutual funds = 300 Large denomination time deposits = 800 If M3 is 5,000, small denomination time deposits are 700, and large denomination time deposits are 900, how much is M2?
What will be an ideal response?