The Asian economies raise investment finance through
a. foreign direct investment
b. loans
c. IPOs
d. all of the above
e. both a and b are correct
E
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The iPod is a product without any significant network externalities
Indicate whether the statement is true or false
The economic way of thinking suggests that if the government imposed a $500 tax on owners of red automobiles,
a. fewer red automobiles would be produced and sold. b. more red automobiles would be produced and sold. c. there would be no change in the number of red automobiles produced and sold. d. red automobiles would cease to exist.
Which of the following states had the lowest incidence of union membership as a percent of all wage and salary workers in 2012?
a. New York, Hawaii, and Alaska b. South Carolina, North Carolina, and Arkansas c. Illinois, Michigan, and Ohio d. Nevada, Hawaii, and Alaska
Suppose that in 2010, the producer price index increases by 1.5 percent. As a result, economists most likely will predict that
a. GDP will increase in 2011.
b. the producer price index will increase by more than 1.5 percent in 2011.
c. interest rates will decrease in the future.
d. the consumer price index will increase in the future.