Some of the benefits of globalization include
A) increased international trade.
B) greater income per person.
C) lower prices for goods.
D) greater product variety.
E) all of the above
E
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The concept of "the invisible hand" suggests that
A) products are produced out of a seller's sense of charity. B) when the seller is better off, the buyer is worse off. C) sellers exploit consumers with high prices. D) buyers and sellers are self-interested. E) the command system is the only way of efficiently allocating resources.
Many people have argued that an income tax should be "marriage neutral," that is, two people should pay the same total tax whether they are married or they are single
Suppose Amanda earns nothing, Ben earns $60,000, and Cathy and Dylan each earn $30,000 . They are all single. a. Amanda pays no tax because she has no income. If they live in a country that has a progressive income tax, which will be higher: the tax that Ben pays or the sum of the taxes Cathy and Dylan pay? b. Amanda marries Ben and Cathy marries Dylan. This country taxes married couples based on a family's total income. Show that the newlyweds Amanda and Ben will pay the same tax as Cathy and Dylan's family. c. Is the income tax in this country marriage neutral?
Putting a decision into action is called?
a. Visualization b. Implementation c. Satisficing d. Reactivity
The ________ the total cost of litigation, the ________ likely the parties will ________.
A) larger; less; settle B) smaller; more; settle C) larger; more; litigate D) larger; more; settle