Hudson Manufacturing is an MNE based in the United States with operations in Asia. The firm is considering expansion into the European Union. Executives at the firm are debating whether central Europe or Eastern Europe would be best for the firm. Which of the following best supports a decision to establish operations in Eastern Europe?
A) Hudson wants to implement a high-performance work system.
B) Hudson plans to staff the foreign facility with local managers.
C) Hudson wants to minimize costs by keeping wages low.
D) Hudson recently lost money in a joint venture.
C) Hudson wants to minimize costs by keeping wages low.
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In the Modern Keynesian Model the short run aggregate supply curve slopes upward. How could one explain the shape of the upward sloping? short-run aggregate supply curve by only focusing on the capital? input?
A primary goal of the Fed, if it sought after monetary equilibrium, is to
A) keep interest rates stable. B) keep jobs plentiful. C) keep the quantity supplied of money equal to the quantity demanded. D) get the national debt paid off in a timely manner. E) keep the M1 money supply is tied to the amount of gold reserves held in Fort Knox.
If the price of good X (measured on the horizontal axis of a budget line diagram) increases at the same time that the price of good Y (measured on the vertical axis) decreases, the budget line
a. will become flatter b. will become steeper c. could become either steeper or flatter, depending on the sizes of the price changes d. will rotate about its original point of intersection with the horizontal axis e. will shift outward, but not in a parallel fashion
One intention of deposit insurance is to reduce the danger of
a. excess lending. b. excess profits. c. risky lending. d. bank runs. e. All of the above are correct.