Which of the following is not a potential problem associated with government debt?
a. redistribution of income
b. promotes underconsumption
c. creates inflation
d. promotes undersaving
e. leads to less private investment
B
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Specialization and trade benefits a participating country that: a. specializes in those things they have both a comparative and absolute advantage in
b. specializes in those things they have a comparative advantage in, even if they have an absolute disadvantage. c. They specialize in those things they have an absolute advantage in, even if they have a comparative disadvantage. d. Does either a. or b.
Dividends are
A. The only motive for purchasing stock. B. Profits used for investment in new plants and equipment. C. An increase in the market value of an asset. D. The amount of corporate profit paid out for each share of stock.
Martha lives near a paper mill. If she is concerned about the effects of the air pollution from the plant, she should contact which regulatory agency?
A. Consumer Product Safety Commission (CPSC) B. Environmental Protection Agency (EPA) C. Food and Drug Administration (FDA) D. Occupational Safety and Health Administration (OSHA)
Explain the three categories of balance of payments transactions
What will be an ideal response?