Historically, U.S. firms have shown less of a preference for foreign direct investment and management control than have firms from other investing countries.
Answer the following statement true (T) or false (F)
False
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Andrew has the utility of wealth curve shown in the above figure. He owns an SUV worth $30,000 and that is his only wealth. There is a 10 percent chance that he will have an accident within a year. If he does have an accident, his SUV is worthless
Suppose all SUV owners are like Andrew. An insurance company agrees to pay each person who has an accident the full value of his/her SUV. The company's operating expenses are $1,500. What is the minimum insurance premium that the company is willing to accept? A) $1,500 per year B) $4,500 per year C) $3,000 per year D) $6,000 per year
Why might very small plots of land be inefficient? Is it then true that the larger the better?
What will be an ideal response?
Which of the following is not considered to be an important determinant of investment?
A. Technological change. B. Expectations. C. Interest rates. D. Current disposable income.
By definition, the labor force participation rate is
A. the percentage of institutionalized working-age individuals who are employed or seeking employment. B. the annual rate of growth in the number of people who are unemployed and searching for available government-provided unemployment benefits. C. the annual rate of growth in the number of people who are either employed or searching for available jobs. D. the percentage of noninstitutionalized working-age individuals who are employed or seeking employment.