Most tax payments increase as GDP increases.
Answer the following statement true (T) or false (F)
True
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A bank is said to have enough liquidity if:
A) it has enough funds to conduct its day-to-day businesses and meet the regulatory requirements. B) the value of its assets exceeds the value of its liabilities by at least $50,000. C) it operates for seven days a week for more than 12 hours a day. D) it holds deposits amounting to at least $100,000.
Briefly explain how a U.S. company that exports to Europe can hedge against exchange rate risk
What will be an ideal response?
When demand is unit elastic, a change in price will cause
A) a change in total revenue in the same direction. B) a change in total revenue in the opposite direction. C) no change in total revenue. D) a change in total revenue in either direction depending on whether the price is increasing or decreasing.
During the process of a strike, both the employer and the union workers will do all of the following except
a. signaling what they will accept b. conceal agendas c. disregard the return to monopsony power d. reassess all relevant factors e. try to obtain the best wage agreement