The movement of production to affiliate firms outside of the country is known as outsourcing
Indicate whether the statement is true or false
TRUE
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Some economists believe that our best years of economic growth are behind us
a. True b. False Indicate whether the statement is true or false
During the past 1000 years, the income per person of the world has
a. increased each century, and it is now five times greater than the level of 1000 years ago. b. risen rapidly in Western Europe, North America, Japan, and Australia, but there has been little change in income per person in other parts of the world. c. increased by approximately tenfold during the past 200 years, but there was only a small increase during the 800 years prior to 1800. d. persistently increased, but the largest increases occurred during the 1200 to 1800 era.
Mild upward-slope of yield curve so expect _______ interest rates
Fill in the blank(s) with the appropriate word(s).
Capital control is described by all of the following EXCEPT:
a. restricting merchandise trade. b. restricting the trade in foreign exchange. c. channeling the currency trade through the government. d. restricting cross-border financial transactions.