When a multinational affiliate replicates production in a foreign country it is called ________ foreign direct investment

A) horizontal
B) vertical
C) transitional
D) bisectional
E) direct

A

Economics

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The value of the best thing that a person must give up when making a decision is known as the ________ cost

A) opportunity B) sunk C) benefit D) explicit E) direct

Economics

The required reserve ratio is the:

a. actual amount of reserves that banks must hold. b. excess amount of reserves that a bank must hold. c. minimum amount of reserves the Fed requires a bank to hold. d. total amount of reserves that banks hold at all times. e. maximum amount of reserves that banks can hold to remain liquid.

Economics