When investment occurs in developing nations
A) investors hope to gain significant returns on their investment and residents gain higher rates of economic growth.
B) higher rates of economic growth are usually not achieved.
C) significant levels of pollution usually occur.
D) government politicians usually benefit from the illegal payments made to secure the investment.
A
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Which index is made up of mainly tech and internet stocks?
A) NYSE. B) Nasdaq. C) S&P 500. D) The Dow Jones.
The vertical long-run Phillips curve
a. shows the Fed's employment options b. is vertical because the Fed refuses to change the unemployment rate in the long run c. indicates that the Fed cannot affect the unemployment rate in the long run d. is fixed permanently e. measures recessionary pressures
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the short run would be:
A. P1 and Y2. B. P2 and Y3. C. P3 and Y1. D. P2 and Y2.
In The Wealth of Nations, published in 1776, Adam Smith tried to show that
What will be an ideal response?