When a U.S. firm engages in outsourcing, it benefits ________ and harms ________.
A. the U.S. consumers of the firm's products; the firm's foreign employees
B. the firm; the U.S. consumers of the firm's products
C. the U.S. consumers of the firm's products; the firm's U.S. employees
D. the U.S. consumers of the firm's products; the firm
Answer: C
You might also like to view...
If the Fed buys U.S. Treasury securities, then this
A) increases reserves, causes banks to reduce their loans, and increases the money supply. B) decreases reserves, causes banks to reduce their loans, and decreases the money supply. C) increases reserves, encourages banks to make more loans, and increases the money supply. D) decreases reserves, causes banks to reduce their loans, and increases the money supply.
If demand is taken into account, firms that use cost-plus pricing can adjust price by
A) letting sales fall, but hold the markup constant if demand falls. B) lowering markups on price-elastic goods and raising markups on price-inelastic goods. C) letting sales rise, but hold the markup constant if demand rises. D) raising markups on price-elastic goods and lowering markups on price-inelastic goods.
If a firm is a price taker, then its marginal revenue will always equal
A) price. B) total cost. C) zero. D) one.
Bonds can be risky investments because
A. bondholders are paid from whatever remains after stockholders have been paid what the corporation owes them. B. if the corporation loses its assets, the bondholders may not receive payment on their investments. C. the general price level may fall. D. the voting power of an individual bondholder may be more apparent than real.