Which of the following will be most likely to contribute to the growth of a less-developed country
What will be an ideal response?
secure property rights and low marginal tax rates
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The interaction of supply and demand explains
A) the prices of goods and services but not their quantities. B) the quantities of goods and services but not their prices. C) both the prices and the quantities of goods and services. D) neither the prices nor the quantities of goods and services.
What is the most an individual would be willing to pay on January 1st for a bond that promises to pay $500 at the end of the year for the next three years if the market rate of interest is 5 percent? Explain
What will be an ideal response?
A newly-issued eighteen-year Treasury security can be stripped into __________ separate zero coupon securities
A) two B) eighteen C) thirty-seven D) seventy-three
The kinked demand curve model of oligopoly explains why oligopoly
a. firms cannot maximize their profits b. firms do not lower prices to increase market share c. firms tend to increase price d. firms tend to decrease price to their minimum ATC e. tends to generate a higher economic profit than in any other market structure