Indians and Indian-Americans have played a pivotal role in powering Silicon Valley's digital revolution. The emigration of talented people from countries like India to countries like the United States is often called:
A. credentialism.
B. the brain drain.
C. Malthusianism.
D. outsourcing.
Answer: B
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Which of the following best illustrates the medium of exchange function of money?
A) The price of a new car is $25,000. B) A penny saved is a penny earned. C) A person owes $10,000 on his or her credit card. D) You pay $3 to purchase a bag of apples.
View Your World, a high-end window manufacturer, directly pays all of the transaction costs. The managers of View Your World are considering the profit-maximizing location for their plant. If locating the plant closer to its customers saves $10,000 in transportation costs of its windows to its customers, but causes an additional $7,500 in input transportation costs, View Your World ________
locate its plant closer to its customers as the marginal benefit is ________ than the marginal cost. A) should not; less B) should not; more C) should; greater D) should; less
One of the major impacts of restricting immigration is that the:
a. prices of the products produced by unskilled laborers will decline. b. prices of the products produced by unskilled labor will increase. c. supply of labor in agriculture will increase. d. supply of labor in the industrial sector will rise. e. government's expenditure on education and health will rise.
Which of the following scenarios would most likely occur with a company that has reported disappointing earnings recently but still looks to be financially stable for quite some time?
A. high long-term solvency ratio but low profitability ratio B. high short-term solvency ratio but low profitability ratio C. high long-term solvency ratio but low activity ratio D. high short-term solvency ratio but low activity ratio