Suppose the government has a $375 billion budget deficit. If the government creates $225 billion of new money to finance this deficit and finances the rest by borrowing, the amount borrowed from the public will be

Refer to the scenario above. Which of the following will happen if the equilibrium price charged by the firm in the short run is $130?

A) The firm will earn positive economic profits and continue production. B) The firm will incur a loss but continue production. C) New firms will enter the industry in the long run. D) All firms will incur losses in the long run.

When a multinational affiliate replicates elements of a production process in a foreign country it is called ________ foreign direct investment

A) vertical B) horizontal C) transitional D) bisectional E) direct