Which of the following is likely to be a benefit of foreign investment in a developing country?
a. Domestic firms are subjected to foreign competition
b. Labor-intensive industries grow quickly
c. New technology is adapted
d. The natural rate of unemployment falls to zero
e. The rate of inflation declines
c
Economics
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When we hear on the news, "The Fed has increased interest rates today," the Fed has most likely
A) raised the required reserve ratio. B) sold government bonds. C) lowered the discount rate. D) bought government bonds.
Economics
Evidence that convergence occurs within economies is drawn in part from the example of ________
A) Hiroshima and Nagasaki Japan B) North and South Korea C) West and East Germany during the Cold War D) Hong Kong and Singapore
Economics