The United States is a member of the OPEC cartel.
Answer the following statement true (T) or false (F)
False
Economics
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Which of the following is true?
a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other b. After acquiring a substitute product, raise prices on both the products c. After acquiring a complementary product, lower prices on both the products d. All of the above
Economics
Payroll taxes are used to collect revenue for the Social Security program
a. True b. False Indicate whether the statement is true or false
Economics
Automatic stabilizers include
A. Deregulation. B. Open market operations. C. Discretionary tax cuts. D. Unemployment benefits.
Economics
If C = $250, I = $50, G = $60, NX = -$20, and NFP = $5, how much is GNP?
A) $365 B) $335 C) $340 D) $345
Economics