The purchase of less than 10 percent of the shares of ownership in a foreign company is referred to as a

A. foreign direct investment.
B. negligible investment.
C. foreign indirect investment.
D. portfolio investment.

Answer: D

Economics

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In the short run, an increase in the growth rate of the quantity of money ________ the nominal interest rate and in the long run it ________ the nominal interest rate

A) lowers; lowers B) raises; lowers C) lowers; raises D) raises; raises E) does not change; raises

Economics

Since 1950, the average length of a recession in the United States has been

A) such that recessions barely exist. B) less than a year. C) between 1 and 2 years. D) greater than 2 years.

Economics