Other things constant, political instability in a poor nation tends to reduce
A) the money supply of the nation.
B) the rate of return required to attract foreign investment.
C) the level of foreign investment in the nation.
D) interest rates in the nation.
C
Economics
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If economic profit is equal to zero, then
A) the entrepreneur's profit as measured by accountants is also equal to zero. B) the entrepreneur's profit as measured by accountants must be less than zero. C) the entrepreneur is making only a normal profit. D) The entrepreneur's profit cannot be determined based on the information given.
Economics
Although based in the United States, IBM is a global company with more than ________ of its revenue earned outside of the United States
A) one-fourth B) one-third C) one-half D) two-thirds
Economics