A Major Objective of Any State Government Wishing to Support

question 12

Multiple Choice

A major objective of any state government wishing to support businesses that will be exporting or relocating to the United States is:

• A)job creation.
• B)increasing the defense industry in their state.
• C)gaining control of multinational corporations.
• D)accumulating wealth.
• E)opening more hotels/motels.

---

Definitions:

Rustbucket

A term often used to describe an old, deteriorating vehicle or machinery that is in poor condition and possibly nearing the end of its useful life.

Used Cars

Pre-owned vehicles that have previously had one or more retail owners, available for purchase in the secondary market.

Equilibrium

A condition or state where economic forces such as supply and demand are balanced and, in the absence of external influences, the values of economic variables do not change.

Lemons

A term popularized in economics referring to the problem of asymmetric information concerning the quality of products, specifically used in the context of used cars.