Which of the following countries does not employ a value-added tax at the national level?
a. France
b. German
c. United States
d. Canada
c
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Checks ________ money and credit cards ________ money
A) are; are B) are not; are C) are; are not D) are not; are not
If the present value of all future profit is positive, then
A) the firm should remain operating, even if it earns negative profit in the short run. B) the firm should shut down if it is earning a negative profit in the short run. C) the firm should shut down if it cannot cover its fixed costs in the short run. D) None of the above.
The Monetary Control Act of 1980:
a. allowed savings and loan associations to offer checking accounts. b. allowed more institutions to offer checking account services. c. created greater competition among various financial institutions. d. all of the above. e. none of the above.
An economy has two workers, Paula and Ricardo. Every day they work, Paula can produce 4 computers or 16 shirts, and Ricardo can produce 6 computers or 12 shirts. To maximize total output, Paula should specialize in producing ________ while Ricardo should specialize in producing ________.
A. shirts; shirts B. computers; shirts C. shirts; computers D. computers; computers