Network effects are seen in manufacturing sectors
Indicate whether the statement is true or false
False
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Tax revenues are transferred from
A) state governments to the federal government. B) local governments to state and federal governments. C) one state government to other state governments. D) the federal government to state and local governments. E) the state and local governments to the federal government.
The WTO
A) is an affiliate of the World Bank. B) is an organization created to oversee NAFTA. C) was established to resolve trade disputes among member nations. D) provides low interest loans to member nations to help develop their export industries.
The type of unemployment that occurs because of a recession is called:
a. frictional unemployment. b. seasonal unemployment. c. natural unemployment. d. cyclical unemployment.
If aggregate demand curve shifts from AD2 to AD1, the full multiplier effect on real GDP will be a decrease from:
Refer to the figure above.
A. Q3 to Q1
B. Q2 to Q4
C. Q2 to Q1
D. Q3 to Q4