What types of government intervention did the World Bank determine was common in the HPAEs?
What will be an ideal response?
Government targeted specific industries for promotion using directed credit and export promotion.
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The largest single source of revenue for the federal government is
A. Personal income taxes. B. Excise taxes. C. Social Security payroll taxes. D. Corporate income taxes.
Firms that pool deposits by customers to purchase stocks or bonds are known as:
A. mutual fund companies B. investment banks C. thrifts D. insurance companies
Product differentiation
A) may allow firms to price above a competitive level. B) generates value as consumers value more choices. C) depends on perceived differences between products. D) All of the above.
A home has been on the market for an extended amount of time without much interest from buyers. The sellers decide to purchase and include a home warranty insuring against major defects with the home. The warranty is an example of a(n)
a. signal. b. screen. c. moral hazard. d. adverse selection.