Capital flight from the DVCs may be caused by:
A. a fear of government privatization efforts.
B. slow domestic inflation.
C. low rates of domestic taxation.
D. risks of severe fluctuations in exchange rates.
D. risks of severe fluctuations in exchange rates.
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Growth in labor productivity in health care has been ________ labor productivity in the economy as a whole
A) slightly faster than B) approximately equal to C) less than half as fast as D) almost twice as fast as
When economists say an individual displays economizing behavior, they simply mean that she is
a. making a lot of money. b. buying only those products that are cheap and of low quality. c. learning how to run a business more effectively. d. seeking the lowest cost method to accomplish her objectives.
Earth Movers & Shakers operates 3 iron ore mines. The accompanying table shows each mine's total daily production and the current number of miners at each mine. All miners work for the same wage, and each miner in any given mine produces the same number of tons per day as every other miner in that mine. Total Tons Per DayNumber of MinersMother Lode10025Scraping Bottom3010Middle Drift7515 The opportunity cost of moving one miner from Scraping Bottom to another mine is:
A. 3 tons per day. B. 0 tons per day. C. 4 tons per day. D. 5 tons per day.
A profitable business will attract
A. increases in marginal revenue. B. existing businesses. C. government regulation. D. new competitors.