A business's use of a bank located outside of the home country is called

A) Swiss banking.
B) offshore banking.
C) international banking.
D) domestic banking.
E) international swapping.

B

Economics

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An increase in an individual's income without changing relative prices will

a. rotate the budget constraint about the X-axis. b. shift the indifference curves outward. c. shift the budget constraint outward in a parallel way. d. rotate the budget constraint about the Y axis.

Economics

Along a bowed-out production possibilities frontier, as more of one good is produced,

a. the opportunity cost of producing that good remains constant b. the opportunity cost of producing that good decreases c. efficiency decreases d. the opportunity cost of producing both goods must remain constant e. technology remains constant

Economics