The three sources of government revenue are taxes, the ________ of government bonds, and the ________ of high-powered money
A) issuance, collection
B) issuance, issuance
C) buying back, collection
D) buying back, issuance
B
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Globalization does not reward countries that follow good economic policies with greater access to the savings of the rest of the world to help finance growth and development
a. True b. False Indicate whether the statement is true or false
If (X ? IM) < 0, then capital inflows
a. will be zero. b. will be greater than zero. c. will be less than zero. d. can be zero, positive, or negative.
Economists sometimes use the term "countercyclical"
What will be an ideal response?What will be an ideal response?
George produces cupcakes. His production cost is $10 per dozen. He sells the cupcakes for $16 per dozen. His producer surplus per dozen cupcakes is
a. $6. b. $10. c. $16. d. $26.