The easiest way for a country to obtain access to technology is through
A) promoting foreign direct investment. B) subsidizing education and training.
C) enacting policies to promote property rights. D) promoting policies to enhance saving.
A
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If the required reserve ratio is 20 percent and a bank has $100,000 in checkable deposits, then its: a. required reserves are $500,000. b. required reserves are $20,000. c. assets are $500,000
d. liabilities are $500,000. e. net worth is $500,000.
Tickets to the Indiana-Purdue basketball game are usually sold out in advance of game day. This suggests:
A. the price of the tickets must be very high or else people would not consider them valuable. B. the price is set below the equilibrium level. C. the Indiana basketball stadium is relatively small. D. everyone who attends the game will enjoy it.