Since 1970, U.S. investment in other countries has
A. increased by more than foreign investment in the U.S.
B. increased more than twenty-fold.
C. increased by exactly the same as foreign investment in the U.S.
D. increased by less than foreign investment in the U.S.
Answer: D
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Financial futures contracts are regulated by
A) the Commodity Futures Trading Commission. B) the Federal Trade Commission. C) the Interstate Commerce Commission. D) the Options and Futures Commission.
The rising price of oil has made it feasible to extract oil out of oily sand in Canada. Concerning the oil market, this is an example of
A) a higher price elasticity of supply in the long run. B) a higher price elasticity of supply in the short run. C) a higher price elasticity of demand in the short run. D) an inelastic long-run supply of oil.
Voters' Ordered PreferencesAbbyBobCarloPublic parksPublic zooPublic transportationPublic zooPublic transportationPublic parksPublic transportationPublic parksPublic zooIf a pair-wise majority vote was held, the voters' preferences are shown in the table, and Abby is setting the agenda for votes, which pair will she put up for vote first?
A. Public transportation and public zoo B. Public parks and transportation C. Public zoo and public parks D. It will not matter, as it will not affect the outcome of the voting.
A price ceiling set below the equilibrium price will result in a shortage
a. True b. False