The U. S. budget has
A. always been in deficit since World War II.
B. usually been in deficit, with a few periods of surpluses.
C. always in balance.
D. in balance, with some period of deficit.
Answer: B
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Investment is lowered by expansionary monetary policy
a. True b. False Indicate whether the statement is true or false
Foreign direct investment is:
A. investment that occurs when a firm runs part of its operation abroad or invests in another company abroad. B. investment that occurs when a firm runs its operation domestically, and sells its product abroad. C. when foreign companies buy physical capital from the United States. D. when foreign companies buy and operate physical capital within the United States.
When demand increases and the demand curve shifts to the right, equilibrium price ________ and equilibrium quantity ________.
A. increases; increases B. increases; decreases C. decreases; increases D. decreases; decreases
The best example of a craft union would be the:
A. United Auto Workers B. United Steelworkers C. Teamsters D. International Brotherhood of Electrical Workers