Which of the following is among the policies that the Chinese government has implemented since 2006?
A. Reducing the restrictions on foreign acquisitions of Chinese publicly traded companies.
B. Phasing out many of the tax incentives which were initially provided to the foreign firms.
C. Emphasizing the quantity of investments of inbound FDI.
D. Engaging in "bidding wars" with other countries to attract foreign direct investment (FDI).
Answer: B
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Fixed costs plus variable costs equal:
A. marginal costs. B. average costs. C. average total costs. D. total costs.
The Congressional Budget Office reported that federal budget deficits in the United States were likely to increase during the next decade, and due to these higher deficits, "the nation's capital stock ultimately would be smaller, and productivity and
income would be lower than would be the case if the debt was smaller." This higher budget deficit would be represented graphically by A) a shift in the supply curve for loanable funds to the right. B) a shift in the supply curve for loanable funds to the left. C) a movement to the right along the supply curve for loanable funds. D) a movement to the left along the supply curve for loanable funds.
Refer to the data provided in Table 10.1 below to answer the following question(s).
Table 10.1 Refer to Table 10.1. The marginal revenue product of the fourth worker is
A. $5. B. $20. C. $100. D. $475.
Summarize the anti growth view of economic growth.
What will be an ideal response?