If Intel Moves First and Makes a Large Investment in a Chip

question 46

Multiple Choice

If Intel moves first and makes a large investment in a chip fabrication plant in Bolivia in exchange for tax credits, Intel has made ________ and Bolivia ________.

• A)a tactical error; will nationalize the plant
• B)a specific investment; will create the tax credit
• C)a specific investment; has a hostage
• D)a general investment; no longer has to grant the tax credits

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Definitions:

BTUs

Stands for British Thermal Units, a unit of measure used to describe the heat value of fuels or energy sources.

Goods And Services

Tangible products and intangible activities provided to satisfy the wants and needs of consumers.

2009 Dollars

2009 Dollars refer to the value of money adjusted for inflation to the year 2009, allowing for more accurate comparisons of economic value across different years.

Renewable Natural Resource

is a resource that can replenish itself naturally over time, such as sunlight, wind, rain, tides, and biomass.