Capital flight refers to:
A. the tendency of large corporations of IACs to build new plants in the DVCs because labor
is cheaper.
B. DVC citizens accumulating or investing their savings in the IACs.
C. the high international mobility of speculative funds caused by variations in exchange rates.
D. the tendency of DVCs to overinvest in commercial aircraft.
B. DVC citizens accumulating or investing their savings in the IACs.
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Which of the following best describes the services provided by the Federal Reserve?
a. The Federal Reserve provides banking services to commercial banks and other depository institutions but does not provide banking services to the federal government. b. The Federal Reserve does not provide banking services to commercial banks and other depository institutions but provides banking services to the federal government. c. The Federal Reserve provides banking services to commercial banks and other depository institutions and provides banking services to the federal government. d. The Federal Reserve does not provide banking services to commercial banks and other depository institutions and does not provide banking services to the federal government.
An example of a public good is
A. national defense. B. a lighthouse. C. police protection. D. All of the choices are examples of a public good.