Which of the following is NOT one of the three primary sources of private investment funds flowing into developing nations?
A. portfolio investment
B. World Bank and IMF loans
C. foreign direct investment
D. bank loans
Answer: B
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Which of the following is not one of the leading indicators?
A) index of consumer expectations, U. of Michigan B) change in consumer price index for services C) vendor performance, slower deliveries diffusion index D) manufacturers' new orders, nondefense capital goods
In the short run, a monopolistically competitive firm
a. must earn zero economic profit b. may earn positive or negative economic profits c. will produce output up at the point where TR = TC d. will be protected from competition by barriers to entry e. will equate price and marginal cost
The income that people earn in resource or factor markets is called:
a. disposable personal income. b. transfer payments. c. national income. d. personal income.
Other things the same, as the maturity of a bond becomes longer, the bond will pay
a. a lower interest rate because it has less risk. b. a lower interest rate because it has more risk. c. a higher interest rate because it has more risk. d. the same interest rate, because there is no relationship between term and risk.