The BRICs share all of the following EXCEPT

A) they are getting a rising share of international trade and foreign investment.
B) they are easy places to do business.
C) their governments have a lot of power and authority in economic affairs.
D) to varying degrees they all present a new model, sometimes referred to as state capitalism.


B

Economics

You might also like to view...

GDP excludes the value of all these goods and services EXCEPT

What will be an ideal response?

Economics

When a firm uses technological improvements to increase output from the same amount of inputs, the result is

A) a new production function. B) losses. C) guaranteed profits. D) diseconomies of scale.

Economics

In Table 17.2, 

A. the United States has an absolute advantage in both goods but a comparative advantage in apples only. B. the United States has an absolute and comparative advantage in both goods. C. Brazil has an absolute advantage in both goods but a comparative advantage in coffee only. D. the United States has an absolute and comparative advantage in apples while, Brazil has an absolute and comparative advantage in coffee.

Economics

Suppose you found $1,000 hidden in your mattress and deposited it in a demand deposit account at your bank. If the reserve requirement was 20 percent, the deposit would directly create ____ in excess reserves and ultimately lead to a ____ total increase in the money supply, if all banks in the system lend out 100 percent of their excess reserves

a. $800; $4,000 b. $800; $5,000 c. $1,000; $4,000 d. $1,000; $5,000

Economics