The OECD has set transfer pricing guidelines to enhance the manipulation of prices and therefore taxes for MNEs and the countries where they operate.
a. true
b. false
b. false
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When there is an expansionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.
A. decline; lower; expand B. increase; raise; decline C. decline; lower; decline D. decline; raise; decline
Public sector and private sector collaboration is one way to support R&D.
Answer the following statement true (T) or false (F)
Federal funds are
A. reserves that are loaned out on a very short-term basis by one bank to another bank. B. loans banks make to their most credit-worthy customers. C. required bank reserve. D. funds owned by the Federal Reserve system.
Consider the data in Table 9.6. Both firms can benefit if Firm A sells its pollution permit allowing it to generate 100 gallons of wastewater to Firm B for:
A. a price between $7 and $12. B. a price between $0 and $7. C. a price between $12 and $18. D. Both firms cannot benefit if A sells permits to B.