Foreign direct investment refers to
a. purchasing significant amounts of a foreign country's currency.
b. purchasing substantial shares of a foreign company's stock or setting up production facilities in anothercountry
c. the purchase of large amounts of overseas goods; e.g., Wal-Mart purchases many of their products fromChina.
d. sales of military armaments to foreign governments.
b
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Theoretically, what are the consequences if the government assumes the burden of bad loans?
A) Citizens will default on their mortgages. B) Banks will learn from their mistakes and pay back the burden with interest. C) Ultimately, the government will profit. D) Firms will be encouraged to continue their risky behavior.
Which president was the first to make effective use of the media by talking to the nation during his "fireside chats?"
A) Jimmy Carter B) Thomas Jefferson C) ?Dwight D. Eisenhower D) Franklin D. Roosevelt E) ?John F. Kennedy
Groups that represent a large number of individuals, such as state associations of teachers, often allow those who do not join the association to reap the benefits of the group’s efforts. These individuals are referred to as
a. scabs. b. free riders. c. picket busters. d. leeches. e. union busters.
Which of the following education laws gets reauthorized every 5 years?
A. Morrill Act of 1862 B. Education of Handicapped Children Act of 1975 C. Family Educational Rights and Privacy Act of 1974 D. Elementary and Secondary Education Act of 1965