Foreign direct investment is when:
A. a firm runs part of its operation abroad or invests in another company abroad.
B. investors buy foreign financial assets like stocks, bonds, or government securities.
C. investment is funded by foreign sources but operated domestically.
D. when a foreign government directly invests into a firm.
A. a firm runs part of its operation abroad or invests in another company abroad.
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________ are the largest components of state and local government revenue
A) Individual income taxes and corporate income taxes B) Transfers from federal government and sales taxes C) Individual income taxes and sales taxes D) Transfers from federal government and corporate income taxes E) Corporate income taxes and lottery income
A production possibilities frontier shows
A) the various combinations of output a nation can produce a certain time, given its available resources and technology. B) the limits to future growth of a nation. C) how money can be allocated among two kinds of goods. D) that if price of one good decreases, the price of the other has to increase. E) that it is impossible to produce inefficiently.
Consider a textile factory operating in the short run. Classify the following costs that the firm incurs as variable costs, sunk costs, and fixed costs
a) Cost of issuing identity cards to all workers b) Wages paid to workers of the factory c) Yearly rent paid for production space d) Tax paid on the sale of its products
To convert nominal economic data from several different years into real, inflation-adjusted data, the starting point is to choose a ____________ year.
a. base b. future c. past d. compliant