Longer-term forecasts of the U.S. budget, a decade or more into the future, predict enormous deficits due to ________________________.
a. tax cuts for the rich
b. higher government salaries
c. an increase in retirees
d. lower levels of competitiveness
c. an increase in retirees
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What are accounting, or "shadow" prices for project appraisal? In what way do they differ from market prices, and why do we need them? Additional question or part of question: How can reference to world prices help countries gauge the real
opportunity costs of development projects?
If a two-person household moves from Miami to Atlanta, which of the following can describe the household?
A. Neither member of the household is a tied mover. B. One member of the household is a tied mover while the other is a tied stayer. C. Both members of the households are tied movers. D. One member of the household is a tied stayer. E. Neither member of the household is a tied stayer.
An exchange rate system in which governments try to keep currency values from fluctuating against one another is a fixed exchange rate system
Indicate whether the statement is true or false
If an average cost pricing rule is imposed on the firm in the figure above, the firm will make an economic profit of
A) zero. B) -$240. C) $150. D) $400.