Injunctions are good remedies for problems where damage has already occurred.
Answer the following statement true (T) or false (F)
False
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The figure above shows the demand for fruit snacks. Which movement reflects an increase in the price of a complement for fruit snacks?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
What is the difference between foreign direct investment and foreign portfolio investment?
A) Foreign direct investment involves purchases of foreign stock or bonds by individuals or firms, while foreign portfolio investment involves a firm purchasing or building a facility in a foreign country. B) Individuals engage in foreign portfolio investment, but only firms can engage in foreign direct investment. C) Foreign direct investment can give a low-income country access to funds and technology it would not otherwise have, but foreign portfolio investment does not expand that access. D) Foreign direct investment only takes place when governments make official purchases or foreign investments, while foreign portfolio investment takes place when firms, individuals, or the government purchase foreign investments.
The "nominal" interest rate is the
A) rate actually quoted in financial markets. B) rate actually quoted in financial markets minus the expected inflation rate. C) rate actually quoted in financial markets plus the expected inflation rate. D) rate actually quoted in financial markets divided by the expected inflation rate.
Which statement best illustrates the concept of diminishing marginal utility?
A. As one consumes more hamburgers per week, one would be willing to pay a higher price for additional hamburgers B. Some consumers will receive less satisfaction from consuming hamburgers than from consuming fried chicken C. A typical consumer will receive less satisfaction from consuming the fourth hamburger than from the third hamburger in a week D. A decrease in the price of hamburgers will cause consumers to buy more hamburgers because they can afford to buy more