A decrease in income taxes can help growth and harm growth at the same time
a. True
b. False
A
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De Beers accounts for approximately 80% of diamond sales worldwide. The source of its market power is:
A. its patent on diamond production. B. the perfectly inelastic demand for diamonds. C. the engagement customs of couples in Western cultures. D. its exclusive ownership of South African diamond mines.
It is possible for every nation to have BOP surpluses
Indicate whether the statement is true or false
Gordon states that ________ caused the substantial increase in the standard of living in South Korea relative to that of the Philippines during the period 1960-2010
A) lower unemployment rates B) higher inflation rates C) higher rate of growth in per capita real GDP. D) All of the above
Which of the following assets is most liquid?
a. funds in a checking account b. a car c. ten acres of land d. a television