Portfolio investment means the
A) purchase of less than 20 percent of the shares of ownership in a company in another country.
B) purchase of less than 50 percent of the shares of ownership in a company in another country.
C) purchase of less than 80 percent of the shares of ownership in a company in another country.
D) purchase of less than 10 percent of the shares of ownership in a company in another country.
D
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Which of the following will result in a leftward shift of the market supply curve for labor?
a. an increase in immigration b. a decrease in labor productivity c. an increase in the working-age population d. an increase in nonwage income
Which of the following best describes the traditional political use of tariffs?
a. protection of borders b. protection of military secrets c. protection of exchange rates d. protection of vested economic interests
A study of what manufacturers thought their average total cost curves look like revealed that most
a. believe their ATC is downward sloping b. believe their ATC is horizontal c. believe their ATC is upward sloping d. believe their ATC is U-shaped e. do not know what their ATC looks like
A dollar figure from 1908 is converted into 2008 dollars by dividing the 2008 price level by the 1908 price level, then multiplying by the 1908 dollar figure
a. True b. False Indicate whether the statement is true or false