An MNC Can

question 81

Multiple Choice

An MNC can

• A)be a factor that increases the opportunities of the citizens of less developed countries.
• B)be a factor that increases the opportunity set of domestic investors.
• C)increase economic efficiency.
• D)all of the above

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Definitions:

Equivalent Interest Rate

A rate that provides the same accumulated interest as would be obtained from several other interest rates over a given time period.

Nearest 0.01%

Adjusting a value so that it is close to an exact hundredth of a percent, enhancing precision.

Nearest 0.01%

An accuracy level in calculations where the result is rounded to the closest one-hundredth of a percent.

Equivalent Interest Rate

A rate that equates two or more interest arrangements by taking into account compounding periods and other terms.