In recent years, the largest form of international investment funds for developing countries was in the form of
A. portfolio investments.
B. foreign direct investments.
C. bank loans.
D. loans from the World Bank.
Answer: A
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Use the following table with data for a private (no government) closed economy to answer the next question. All figures are in billions of dollars.Domestic Output or Income (RGDP = DI)Consumption$540$540560555580570600585620600640615660630If planned investment is $25 billion, then aggregate expenditures at the income level of $560 billion will be
A. $565 billion. B. $585 billion. C. $580 billion. D. $595 billion.
A tariff ranging from 28 percent to 113 percent on Chinese frozen shrimp is an example of
A. a policy protecting American consumers from foreign producers. B. a policy protecting American fisheries from overfishing. C. a policy protecting domestic producers from foreign producers. D. a policy using regulations and taxes to protect American consumers.
Which of the following is not a characteristic of an assurance game?
A) Neither player has a dominant strategy. B) Nash equilibria exist at every outcome where the players successfully coordinate. C) Each of the Nash equilibria offers identical payoffs to any particular player. D) The payoff for coordinating is higher than the payoff for not coordinating.
The opportunity cost of attending a concert would include:
a. the price you paid for the ticket and the value of your time. b. the price you paid for the ticket, but not the value of your time. c. the value of your time, but not the price you paid for the ticket. d. neither the price of the ticket nor the value of your time.