Which of the following is an example of foreign direct investment?

A) American Airlines builds a hub in China.
B) A stock broker from China sells you a Chinese government savings bond.
C) You buy a plane that was made in China.
D) You purchase a plane ticket to China on American Airlines.

A

Economics

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Convexity of indifference curves imply that consumers are willing to

A) give up more "y" to get an extra "x" the more "x" they have. B) give up more "y" to get an extra "x" the less "x" they have. C) settle for less of both "x" and "y". D) acquire more "x" only if they do not have to give up any "y".

Economics

The questions that an economic system attempts to solve include

A) what to produce. B) how to produce items. C) for whom items are produced. D) all of the above.

Economics