Multinational businesses produce and sell goods around the world.
Answer the following statement true (T) or false (F)
True
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The U.S. legal system mainly engages in activities that
A) are dedicated to producing private goods. B) focus on income redistribution. C) involve defining and protecting property rights. D) focus on producing public goods.
Suppose price increases from $7.00 to $13.00. Using the mid-point formula, the percentage change in price is:
A. .0.6 = 60 percent. B. 0.6 = 60 percent. C. 70 percent. D. 130 percent.
In a Nash equilibrium no player wants to change his or her strategy
Indicate whether the statement is true or false
If the nominal interest rate is higher than the inflation rate, the value of your savings:
A. will increase. B. will decrease. C. should remain about the same. D. cannot be assessed without knowing the beginning balance of savings.