A business's use of a bank located outside of the home country is called

A) Swiss banking.
B) offshore banking.
C) international banking.
D) domestic banking.
E) international swapping.


B

Economics

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How does the Current Population Survey determine if a person should be counted in the labor force?

What will be an ideal response?

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The definition of a job leaver is an individual

A) who terminates his job voluntarily in order to work for a family business. B) whose employment was terminated involuntarily. C) who competed for a promotion at his company and did not get it. D) who is underemployed.

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When the competitive firm's value of the marginal product of labor intersects the market-wage level, the firm:

A. can increase its profits by hiring any amount less than this point. B. can increase its profits by hiring any amount greater than that point. C. should consider shutting down since it is not earning profits. D. has found the profit-maximizing quantity of labor to hire.

Economics

Which of the following contributed most to the large increases in poverty since 1960?

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Economics