_____ is (are) legal in the United States.
A. Covert collusion
B. Cut throat competition
C. Cartels
D. None of these choices are true.
B. Cut throat competition
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List four sources of market failure
What will be an ideal response?
Our currency is issued by
A. the United States Treasury. B. the Federal Reserve. C. individual commercial banks. D. the Internal Revenue Service.
According to monetary theories of the business cycle, fluctuations are
a. independent of the banking system. b. more prevalent in countries with modern banking systems. c. more prevalent in agricultural countries. d. less prevalent in those countries with modern banking systems.
The largest source of federal tax revenue comes from
A. individual income taxes. B. social insurance receipts. C. corporation income taxes. D. excise taxes.