Suppose that surplus labor in a Pakistani village is used to build a medical clinic and dig several wells. This is an illustration of:
A. foreign aid.
B. capital-saving investment.
C. in-kind investment.
D. technological advance.
C. in-kind investment.
Economics
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Electric car manufacturers want to sell more electric cars at a higher price. Which of the following events would have this effect?
A) an increase in the price of gasoline. B) technological advancement in the production of electric car batteries. C) an increase in the number of manufacturers of electric cars. D) a decrease in the price of lithium, which is used in the electric car batteries.
Economics
When is a firm more likely to engage in excessively risky behaviors, when business is well, or when it is facing financial distress?
What will be an ideal response?
Economics