The length of time that represents the long run
a. is greater than one year
b. is greater than six months
c. is longer in service industries than in manufacturing
d. is the same for all industries
e. varies from industry to industry
E
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Without technological advancement, how can a nation achieve economic growth?
A) by producing more high-value goods and fewer low-value goods B) by producing more low-value goods and fewer high-value goods C) through an increase in supplies of factors of production D) by decreasing the size of the labor force
Net capital outflow is the purchase of domestic assets by foreign residents minus the purchase of foreign assets by domestic residents
a. True b. False Indicate whether the statement is true or false
When formulating financial policy, managers also have to consider the appropriate balance between:
A. receivables and payables. B. interim and final dividends. C. short-term and medium-termfinance. D. short-term and long-termfinance.
A decrease in the value of the dollar relative to foreign currencies is likely to cause the level of farm imports to ________ and the level of exports to ________
Fill in the blank(s) with correct word