Which of the following is issued to an investor to provide protection from having the invention copied or stolen for 20 years?
A) a license
B) a natural monopoly
C) a patent
D) a certificate of convenience
C
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If one day the dollar is trading at 1.00 euro per dollar and the next day the exchange rate is 0.88 euros per dollar, one possible factor that might have led to this change is
A) an increase in the U.S. interest rate. B) a decrease in the European interest rate. C) the Fed buying dollars. D) the Fed selling dollars. E) an increase in the expected future exchange rate.
Recessions are largely the result of
A) high wages. B) the wishful thinking of zero economic growth advocates. C) widespread and systemic errors from manipulated market signals. D) none of the above.
Between 1979 and 2009, ________ real GDP per capita was less than that of ________
a. the United States'; Japan b. the United States'; the United Kingdom c. the United States'; France d. Canada's; Germany
The acquisition of more than 10 percent of the outstanding shares in a company in another country is
A. foreign direct acquisition. B. foreign direct investment. C. portfolio acquisition. D. portfolio investment.