Each seller's opportunity costs are:
A. determined monetarily, which is why they can never be zero.
B. determined by a number of factors, none of which is monetary.
C. determined by a number of factors, including monetary considerations.
D. less than the monetary costs of manufacturing the good or service.
C. determined by a number of factors, including monetary considerations.
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Human resources that perform the functions of organizing, managing, and assembling the other resources are called
A) physical capital. B) venture capital. C) entrepreneurship. D) productive capital.
A fall in the real interest rate, all other things held constant, will cause a country's ________ to ________
A) current consumption: increase B) current consumption: decrease C) terms of trade; improve D) terms of trade; worsen E) welfare level; improve
Which of the following is an example of U.S. foreign direct investment and by itself increases U.S. net capital outflow?
a. A Swedish bank buys a bond issued by the U.S. government. b. A German company builds a car factory in the U.S. c. A U.S. mutual fund purchases stock issued by a corporation in Bolivia. d. A U.S. grocery chain builds and operates a new warehouse in Honduras.
Over 50 percent of all U.S. workers now belong to unions.
Answer the following statement true (T) or false (F)