An increase in tax revenues ________ government saving and ________ national saving
A) raises, raises
B) raises, lowers
C) lowers, raises
D) lowers, lowers
A
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Differentiate between a payoff matrix and a game tree
What will be an ideal response?
How can a proprietorship or partnership raise funds for expansion?
A) take on a partner or more partners B) reinvest profit back into the business C) borrow from someone or an institution willing to lend the funds D) Any of these would generate funds for expansion.
Economists use the phrase "business cycle" when referring to fluctuations in
a. the rate of real output and employment. b. interest rates. c. the consumer price index. d. the general level of prices.
Refer to Table 8.2. If Sherry produces five pairs of earrings, her total costs are A) $320. B) $360. C) $370. D) $400.