Based on the fact that the companies Ford, IBM, PepsiCo, and McDonald's own and operate producing units in many different countries, they are categorized as:
a. joint ventures.
b. sole proprietorship firms.
c. partnership firms.
d. multinational firms.
e. co-operative firms.
d
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The PIA is generated with a formula such that
A. high-income earners receive the same as low-income earners. B. high-income earners receive less than low-income earners. C. higher-income earners receive more money but a lower proportion of their AIME than lower-income. D. higher-income earners receive the same proportion of AIMA as low-income earners.
Less of the federal debt is owned by federal, state, and local governments than is owned by foreigners
a. True b. False Indicate whether the statement is true or false
In Figure 5-3, the price elasticity of demand equals __________ between points T and U and equals __________ between points V and W
a.
0.33; 1.86
b.
0.54; 3
c.
3; 0.54
d.
1.86; 0.33
e.
2; 2
Which of the following was an important reason why the United States did NOT sign the Kyoto Protocol?
a. It believed that exemptions for some of its major developing country trading partners (such as China and India) were unfair. b. It believed that Europe's targets were set ridiculously low. c. It believed that pollution does not cause global warming. d. It believed that targets for some of its major developing country trading partners (such as China and India) were too low.