A decrease in consumer confidence would shift the aggregate demand curve rightward
Indicate whether the statement is true or false
FALSE
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What three conditions must be satisfied in order for the Coase theorem to work?
What will be an ideal response?
Opportunity cost exists because of
A) poverty. B) scarcity. C) greed. D) self-interest.
The balance of trade for Ireland is measured by which of the following?
a. the value of Irish exported goods and services minus the value of goods and services imported into Ireland b. the value of income receipts on Irish investments abroad minus income payments on foreign investments in Ireland c. the value of Irish merchandise exports minus the value of merchandise imports into Ireland d. the balance on Irish capital account minus the balance on Irish current account e. the balance on Irish capital account plus the balance on Irish current account
Reduction or elimination of dividend taxes is designed, in part, to
A) reduce the double taxation burden on individuals. B) make rich people richer. C) reduce inefficiencies in the production process. D) increase corporate tax levels.