The following are obstacles to international investment EXCEPT
A) population growth.
B) asymmetric information.
C) adverse selection.
D) moral hazard.
A
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Consider the currency market for British pounds and U.S. dollars. An increase in the demand for British pounds results in a(n) ________ of the pound and a(n) ________ of the dollar.
A. depreciation; depreciation B. depreciation; appreciation C. appreciation; depreciation D. appreciation; appreciation
Which of the following was a source of the U.S. federal government's financial revenue for World War II (1941–45)?
(a) Tariffs (b) Bond sales to other governments (c) Bond sales to the Federal Reserve System (d) Bond sales to the U.S. Congress
The features of the U-Form of firm organization are
a. workers can easily develop a high degree of functional expertise b. it is difficult for employees to share information across positions within a division c. employee evaluation is hampered by managers having different skill sets than workers d. coordination across divisions is simple and does not take much management time
Which of the following statements is false?
A) The sum of the unemployment rate and the employment rate always equals 100 percent. B) The sum of the number of employed persons and the number of unemployed persons equals the civilian non-institutional population. C) The labor force participation rate equals the number of persons in the civilian labor force divided by the number of persons in the total population. D) a, b, and c