Has the worry that international trade will cause horrible environmental conditions as companies rush to build factories in countries with low environmental regulation come true?
a. No, multinational companies have built factories to the standards in developed countries.
b. No, multinational companies have not built factories in countries with low environmental regulations.
c. Yes, multinational companies build factories that pollute much more than their factories in developed countries.
d. Yes, multinational companies move their companies to countries with the lowest environmental regulations.
a. No, multinational companies have built factories to the standards in developed countries.
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An inflation forecast developed in a Monetarist framework is likely to focus on
A) Federal Reserve policy. B) interest rate movements. C) household and business spending decisions. D) the velocity of money.
Joanne left her last job, in which she was earning $50,000, in order to form her own consulting business. Her revenues for the first year of consulting were $200,000
During that year, she hired two assistants for $25,000 each and spent $25,000 on office equipment. In addition, she incurred $75,000 in miscellaneous expenses. Her economic profit that first year was A) $0. B) $50,000. C) $200,000. D) $75,000.
The field of macroeconomics studies ________ and microeconomics studies ________.
A. variables within a single economy; international variables B. economic aggregates; individual markets C. individual markets; economic aggregates D. international variables; variables within a single economy
Aggregate demand is about _________ and aggregate supply is about _________.
Fill in the blank(s) with the appropriate word(s).