Portfolio investment and foreign direct investment are methods through which
A) ownership in assets are acquired in countries other than one's home country.
B) U.S. residents invest funds in companies that export goods.
C) U.S. residents invest funds in companies that import goods.
D) short-term investments are converted to long-term ones.
A
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Open market bond sales can be conducted either by the Federal Reserve or the Treasury Department, and either way the result is the same
a. True b. False
If a market is in long-run equilibrium, which of the following conditions will be present in a competitive price-taker market but absent from a competitive price-searcher market?
a. P = ATC b. MR = MC c. P = MC d. MR < P
Constraints
What will be an ideal response?
Which one of the following statements is incorrect?
A. Policy activists believe in the use of fiscal and monetary policies to combat inflation and unemployment. B. Monetarists are policy activists. C. Keynesians are policy activists. D. New classical economists are non-interventionists.