A joint venture allows a foreign firm to easier adjust to a new market and often meet various institutional requirements
Indicate whether the statement is true or false
TRUE
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Elizabeth is the owner of a small business, and she is 35 years old. She doesn't smoke cigarettes, and she often spends her weekends with her family camping at the local state park. According to public choice theory, which of the following four politicians for a public office would Elizabeth be most likely to vote for in the upcoming election?
a. Politician A proposes increasing the tax on small businesses and using the money to provide additional benefits for the elderly. b. Politician B proposes increasing the tax on small businesses and using the money to improve the camping facilities at the state park. c. Politician C proposes increasing the excise tax on cigarettes and using the money to improve the camping facilities at the state park. d. Politician D proposes increasing the excise tax on cigarettes and using the money to provide additional benefits for the elderly.
The labor force participation rate among women 25 to 54 ________ between 1950 and 2000.
A. fell dramatically B. stayed relatively constant C. rapidly vacillated D. rose dramatically
Why do very small differences in annual growth rates amount to big differences in the degree of long-term economic growth?
A) because the slower-growing countries save too much B) because the annual growth rate is compounded over time C) because the faster-growing countries gain a political advantage over poorer countries, and use that advantage for their economic gain D) because the slower-growing countries don't export enough
Figure 11-6
At its optimal output level, the profit-maximizing monopolist in Figure 11-6 will earn a profit equal to
A. zero. B. (P2? P3)Q. C. P > Q. D. (P5? P6 )Q.