Gross investment

A) is the purchase of new capital.
B) includes only replacement investment.
C) does not include additions to inventories.
D) Both answers A and B are correct.


A

Economics

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Countries in which wages adjust slowly to changes in the supply of and demand for labor are likely to have ________ sacrifice ratio

A) an infinite B) a high C) a low D) a zero

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An import quota

A) is a price ceiling imposed on an imported good. B) is a price floor imposed on an imported good. C) is a supply restriction limiting the quantity of a good that can be imported. D) is a legislative requirement stating that firms which import some of their merchandise must hire a certain number of immigrant workers.

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Mutual Funds

What will be an ideal response?

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