When a country experiences capital flight its interest rate
a. and net capital outflow rise.
b. rises and net capital outflow falls.
c. falls and net capital outflow rises.
d. interest rate and net capital outflow fall.
a
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According to the text, those who hold stock in U.S. corporations
a. are only from the top 10 percent of the wealthiest individuals in the country b. cover a wide spectrum of American society c. are mainly over 65 years of age d. have very little education e. includes only 2 percent of the U.S. population
Refer to Figure 21.5. Diseconomies of scale begin to occur
A. After the third factory. B. After the first factory. C. After the fourth factory. D. At the minimum points on all five ATC curves.
By changing its regulations, the Fed ___ force the banking system to increase the money supply; by changing its regulations, the Fed ____ force the banking system to decrease the money supply:
a. Can; can b. Can; cannot c. Cannot; can d. Cannot; cannot.
Higher income countries are more likely to have _____________ returns to their investments and must continually invent new technologies, which allows lower-income economies to have a chance for convergent growth.
a. marginal b. increasing c. diminishing d. stagnant