To reduce the chance of investigations and orders to cease production, businesses should
A. adhere to government regulations.
B. specialize.
C. purchase the most up-to-date technology available.
D. lobby members of Congress.
A. adhere to government regulations.
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A citizen of the U.S. buys a factory in London. This is an example of a(n) ________
A) foreign portfolio investment B) export by the U.S. C) foreign direct investment D) import by the U.S.
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The economy is currently at Point B. The opportunity cost of moving from Point B to Point A is the
A. 120 LCD TVs that must be forgone to produce 20 additional OLED TVs. B. 30 LCD TVs that must be forgone to produce 40 additional OLED TVs. C. 20 OLED TVs that must be forgone to produce 30 additional LCD TVs. D. 40 OLED TVs that must be forgone to produce 120 additional LCD TVs.
You would expect the price of a share of stock to fall if
A. the expected dividend of the stock rose. B. the price level were rising. C. the economy went into recession. D. all of the above.
A minimum wage that is above the equilibrium wage rate
A) increases efficiency within the labor market. B) increases the quantity of labor demanded. C) creates a deadweight loss. D) has no effect on the labor market because it is set above the equilibrium wage rate. E) None of the above answers is correct.