A corporation is considered a multinational ________ if ________

A) parent; it owns more than 10% of a foreign firm
B) parent; more than 10% of its stock is held by a foreign company
C) child; more than 10% of its stock is held by a foreign company
D) child; more than 50% of its stock is held by a foreign company
E) monopolist; it owns more than 50% of a foreign firm


A

Economics

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Profits will be maximized when the slope of the total revenue curve and the slope of the total cost curve equal zero.

Answer the following statement true (T) or false (F)

Economics

Suppose a tax on sellers has been imposed in the graph shown. The amount of deadweight loss generated by this tax is:



A. $0.
B. $80.
C. $160.
D. $129.50

Economics

Economics is best described as the

a. study of choice when scarcity exists b. study of the production of goods and services c. theory of consumer behavior d. science of money e. art of spending money wisely

Economics

The Fed changes the reserve requirement sparingly because:

A. very small changes cause very large overall changes to money supply due to the money multiplier. B. it would cause uncertainty for banks and slow their rate of lending. C. sudden changes of such a huge magnitude would have far-reaching, and sometimes undesirable, effects. D. All of these are true.

Economics