What is the threshold age for individuals to be considered as being in the "labor force" for statistical purposes?

Refer to Table 14-2. For each firm, is there a better outcome than the current situation in which each firm charges the low price and earns a profit of $7,000?

A) Yes, the firms can implicitly collude and agree to charge a higher price. B) Yes, each firm can implicitly agree to increase output and not to deviate from a low price. C) No, there is no incentive for each firm to consider any other strategy. D) No, any other strategy hurts consumers.

Foreign direct investment refers to

A) the acquisition of more than 10 percent of the shares of ownership in a company in another nation. B) the acquisition of less than 10 percent of the shares of ownership in a company in another nation. C) the granting of a loan to a company located in a foreign country. D) a direct monetary grant to a foreign company or government.