Capital flight refers to:
A. the tendency of large corporations of IACs to build new plants in the DVCs because labor
is cheaper.
B. DVC citizens accumulating or investing their savings in the IACs.
C. the high international mobility of speculative funds caused by variations in exchange rates.
D. the tendency of DVCs to overinvest in commercial aircraft.
B. DVC citizens accumulating or investing their savings in the IACs.
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If the U.S. government decides to increase military spending, a possible opportunity cost could be lower spending on education.
Answer the following statement true (T) or false (F)
Which of the following would be expected to decrease the demand for money in the U.S.?
A. The economy enters a boom period. B. Grocery stores begin to accept credit cards in payment. C. Political instability increases dramatically in developing nations. D. Households fear increasing computer glitches will severely limit their ability to use ATMs.
A barter economy is an economy where
A) goods and services are exchanged for money. B) goods and services are exchanged for liabilities. C) money is exchanged for goods and services. D) goods and services are exchanged for other goods and services.
The past two decades has seen a steady increase in the share of total taxes paid by high-income groups
a. True b. False