The primary objective of multinational tax planning is to minimize the firm's worldwide tax burden.

Bill is a high-school dropout who lost his job in a fast food restaurant when the economy plunged into a recession. After 8 months, Bill is still looking for work. He is an example of

A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) the natural unemployment rate.

In the Mundell-Fleming model, regardless of whether the economy has perfect capital mobility or not, an increase in the money supply

a. reduces interest rates . b. increases income. c. decreases the trade balance. d. increases capital inflows.