As price increases, additional suppliers are willing to produce a commodity.
Answer the following statement true (T) or false (F)
True
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Which of the following does not describe a characteristic of short-term economic fluctuations?
A. Expansions and recessions are felt in only a few sectors of the economy. B. The unemployment rate rises during recessions. C. Durable-goods industries are more sensitive to short-term fluctuations than service and non-durable industries. D. Expansions and recessions are irregular in length and severity.
________ assume the risk of issuing a new stock in the hope of earning profits on its sale
A) Stock brokers B) Securities dealers C) Underwriters D) Stock speculators E) Reinsurers
Is the difference in the increase in money taken from the rich and the reduction in money taken from the poor a good measure of the redistributive impact of a progressive income tax system? Why or why not?
What will be an ideal response?
Direct controls that impose equal percentage reductions in emissions on all firms in the area
A. impose the same costs on all firms. B. minimize the cost of pollution reduction. C. penalize firms that have already incurred some costs to reduce pollution. D. are the fairest way to distribute the burden