Foreign direct investment declined worldwide during the recession of 2007-2009
The decline in foreign direct investment in developing countries can make it more difficult for these countries to break out of the vicious cycle of low economic growth and
A) overpopulation. B) low saving and investment.
C) low government spending. D) a low import/export ratio.
B
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If economic profits are negative
A) accounting profits can be positive. B) accounting profits can be negative. C) the cost of capital is not being covered. D) all of these choices.
The marginal revenue product is
a. TR/P b. w/Q c. MPP × P d. MRP × P e. w × L
The economy's self-correcting mechanism always tends to push the unemployment rate back toward a specific rate of unemployment called
a. the ideal rate of unemployment. b. the natural rate of unemployment. c. the full rate of unemployment. d. the mature rate of unemployment.
The recovery phase of the business cycle is _____ followed by the prosperity phase.
A. never B. sometimes C. usually D. always