For foreign direct investment to occur, the purchase has to be more than
A) 8 percent but less than 10 percent of shares in a business located abroad.
B) 5 percent but less than 10 percent of shares in a business located abroad.
C) 10 percent of shares in a business located abroad.
D) 2 percent but less than 5 percent of shares in a business located abroad.
C
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The length of time people spend in search of a job increases if
A) there is a sudden change in technology. B) the population ages. C) the criteria necessary to qualify for unemployment benefits increases. D) unemployment benefits increase. E) the minimum wage is decreased.
If the supply of oceanfront lots is fixed and perfectly inelastic,
a. the demand for the resource determines its price and the level of economic rent b. the supply of the resource determines its price and the level of economic rent c. the supply of the resource determines its price and the demand for the resource determines the level of economic rent d. the demand for the resource determines its price and the supply of the resource determines the level of economic rent e. the supply curve is horizontal