Which of the following terms best describes a company that has operations in various countries, follows policies to develop local R&D to tailor products to markets, lets plants set their own rules, and aims at being a good corporate citizen in every
country?
A) GLOCAL
B) global elite
C) counter trade
D) global commons
A
Business
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When a municipal bond is given tax-free status, the demand for Treasury bonds shifts ________, and the interest rate on Treasury bonds ________
A) leftward; rises B) leftward; falls C) rightward; rises D) rightward; falls
Business
Privatization of Social Security
A) would transform the program from an unfunded pay-as-you-go system to a fully funded pension plan. B) would mean that workers' current contributions to Social Security would no longer be available to pay benefits to current retirees. C) receives less public support when the stock market declines. D) all of the above E) none of the above
Business