If you invest in a foreign company by buying 28 percent of its shares of stock, you have engaged in
A) portfolio investment.
B) moral hazard.
C) foreign direct investment.
D) adverse selection.
C
Economics
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Which of the following outcomes is consistent with a purely competitive market in long-run equilibrium?
A. Consumer and producer surplus will be maximized. B. P = MC = lowest AVC. C. The minimum willingness to pay equals the maximum acceptable price. D. We would expect all of these to occur in the long run in a purely competitive market.
Economics
Which of the following will shift today's supply curve to the right?
A) Input prices rise. B) Sales taxes increase. C) Prices are expected to be higher in the future. D) Prices are expected to be lower in the future.
Economics