Depreciation allowance ________ the profit subject to taxation, which ________ the amount of tax the firm pays.
A) decreases; decreases
B) increases; increases
C) increases; decreases
D) decreases; increases
A) decreases; decreases
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Referring to the Economic Stimulus Act of 2008, the expansionary effect of the government stimulus was overwhelmed by the continuing deterioration in credit market conditions
Everything else held constant and using the ISLM model, the net effect would cause the ________ curve to ________ and output will ________. A) IS; shift left; decrease B) IS; shift right; increase C) LM; shift right; increase D) LM shift left; decrease
Which of the following will most likely be an unanticipated economic change?
What will be an ideal response?
An extremely deep and long period of negative economic growth is most accurately called:
a) Deflation. b) Inflation. c) A recession. d) A depression.
Refer to the graph shown. An exchange rate of $2.95 per dinar creates excess:
A. supply of dinar that will cause the dinar to lose value, unless dinar are bought by the government. B. supply of dinar that will cause the dinar to lose value, unless dinar are sold by the government. C. supply of dinar that will cause the dinar to gain value, unless dinar are bought by the government. D. demand for dinar that will cause the dinar to gain value, unless dinar are sold by the government.