Consider the following income statement: Sales $ 1,040,136 Costs 676,704 Depreciation 153,900 Taxes 22 % Calculate the EBIT.

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.

The gross domestic product goes down when which of the following occurs? a. there are too many unemployed workers. b. imports increase faster than exports. c. the government spends more than it takes in. d. consumers spend more on luxury goods.

Include the presence of an appropriately-skilled labor pool and supporting industries, both of which can play an important role in foreign direct investment decisions