Taxes can have an important effect on:
A. the labor supply.
B. saving.
C. economic growth.
D. All of these
Answer: D
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The addition of the capital budget deficit and the current budget deficit results in the:
(a) General government deficit. (b) Exchequer capital expenditure. (c) Exchequer borrowing requirement. (d) None of the above.
Which of the following is an accurate statement about a monopolistically competitive firm?
a. It uses ads to sell as much of a product as competitors do at the going price. b. It uses ads to continue selling a product even with decreasing prices. c. It uses ads to sell a product even with an expected price increase. d. It uses ads to sell more of a product than competitors do at the going price.
A financial market is where people trade:
A. current claims for future goods. B. future funds or goods for reduced current risk. C. current goods for future funds. D. future claims on funds or goods.
Indians and Indian-Americans have played a pivotal role in powering Silicon Valley's digital revolution. The emigration of talented people from countries like India to countries like the United States is often called:
A. credentialism. B. the brain drain. C. Malthusianism. D. outsourcing.