According to the U.S. Department of Commerce, a foreign direct investment inflow to the United States occurs whenever a foreign company acquires ____ or more of a U.S. firm.
a. 10%
b. 25%
c. 51%
d. 100%
Answer: a. 10%
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Featherbedding is a union practice designed to increase employment of union members
a. True b. False
If we consider the savings, investment, and net exports in the United States in recent years, the gap between savings and investment is almost exactly:
A. the government deficit. B. the balance of payments. C. direct foreign investment. D. the trade balance.
Which of the following is likely to lead to a decrease in the demand for tennis balls?
A. An increase in the price of tennis balls. B. An increase in the price of tennis racquets. C. An increase in the expected future price of tennis balls. D. An increase in the price of the rubber used to make tennis balls.
A monopoly is the only seller of a product
A) with many substitutes. B) without a close substitute. C) with a perfectly inelastic demand. D) without a well-defined demand curve.