Which of the following is an example of foreign portfolio investment?
A) the purchase of a U.S. mutual fund by a U.S. citizen
B) the purchase of a Japanese factory by a Korean citizen
C) the purchase of a U.S. stock by a U.S. citizen
D) the purchase of a U.S. Treasury bond by a German citizen
D
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The long-run Phillips curve is a(n) ____ line at the natural rate of unemployment
a. horizontal b. vertical c. upward-sloping d. downward-sloping
A country will have a balance-of-payments deficit when its exchange rate:
A. is flexible. B. is overvalued. C. equals the market equilibrium value. D. is undervalued.
Why is it difficult to get a cab on a rainy day?
A. The demand for cabs shifts left and the quantity of cabs supplied falls B. Cab drivers must drive much slower when it rains C. Cab drivers have backward bending daily supply curve D. Cabs don't like to work on rainy day
Organizational leadership should limit the involvement of stakeholders in the strategic planning process
a. true b. false