Which of the following is an example of U.S. foreign direct investment and by itself increases U.S. net capital outflow?
a. A U.S. electronics company opens and operates a new factory in India.
b. A Swiss bank buys bonds issued by a U.S. company.
c. A U.S. pension fund buys bonds issued by the Japanese government.
d. A French restaurant opens and operates a restaurant in New York.
a
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The more restrictive affirmative action programs are,
A) the greater the likelihood of the economic pie shrinking. B) the lower the administrative costs of administering the program. C) the larger the wage gap tends to get. D) the greater the amount of labor market discrimination.
In the liquidity trap case where the LM schedule is nearly horizontal,
a. both monetary and fiscal policy are highly effective. b. monetary and fiscal policy are ineffective. c. monetary policy is ineffective and fiscal policy is effective. d. fiscal policy is ineffective and monetary policy is effective.
A production system where various workers concentrate on different specialized tasks to contribute towards a whole product is referred to as:
A. A coincidence of wants B. Roundabout production C. Freedom of enterprise D. Division of labor
The equilibrium quantity is about
A. 14.5.
B. 15.0.
C. 15.5.
D. 16.0.