One reason why the plants of multinational corporations abroad may have better standards than domestic contractors in low-income countries is because multinational corporations tend to reduce costs by using one standard in terms of capital equipment and technology for all markets
Indicate whether the statement is true or false
TRUE
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TARP was
A. the name given to the auto company bailouts. B. the name given to the stimulus package of 2009. C. what kept AIG afloat. D. the name given to the bank bailouts.
In the rational expectations view, the best approach to fiscal policy is for the government to:
A. Cut taxes B. Balance its budget C. Eliminate transfer payments D. Fix government spending
In order to be successful as an innovator, a firm may require:
a. constant investment in mergers and acquisitions. b. frequent expansion of its scale of operation. c. to invest the majority of its annual profit in market research. d. research facilities and a culture that respects scientists and engineers.
A tax is progressive if it raises a greater fraction of total tax revenue every year
a. True b. False Indicate whether the statement is true or false