Globalization of resource markets has resulted in the business practice of offshoring, which involves:
A. Only an outflow of jobs away from the U.S.
B. No possible expansion of jobs in the U.S.
C. Huge losses to consumers in the U.S.
D. Both an outflow as well as an inflow of jobs in the U.S.
D. Both an outflow as well as an inflow of jobs in the U.S.
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If you want to know the present value of a future payment received in one year, what formula can you use?
A) Present value equals future payment divided by one plus the rate of interest. B) Present value equals future payment times the current market rate of interest. C) Present value equals future payments times one plus the rate of interest. D) Present value equals one plus the rate of interest in decimals divided by future payment.
Explain the difference between general grants and categorical grants. Under what circumstance will they have the same impact? In that case, will one have an advantage over the other?
What will be an ideal response?