An increasing share of the private capital flows to DVCs in recent years has been in the form of:
A. interest-free government loans.
B. educational and training assistance.
C. direct foreign investment.
D. bank loans.
C. direct foreign investment.
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Historically, the AMT has always affected a significant number of taxpayers
a. True b. False
For how long is the chairman of the board of governors of the Fed appointed and by whom?
a. Appointed for two years by all the other governors b. Appointed for two years by the governor of the New York district branch c. Appointed for two years by the president of the United States d. Appointed for four years by all the other governors e. Appointed for four years by the president of the United States
The key issue in determining the efficiency of public versus private ownership of a monopoly is
a. the tendency for efficient management of publicly owned enterprises. b. the inability of private monopolies to get rid of managers that are doing a bad job. c. the propensity of private monopolies to generate excessive profits. d. how ownership of the firm affects the cost of production.
If a society were to use a widely accepted, easily measurable, but highly perishable food product as commodity money, then the ________ function of money would most likely fail
a. medium of exchange b. unit of account c. store of value d. transfer of value