The United States is the largest national economy in the world.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following statements is/are correct?
I. Depository institution managers undertake riskier actions than they otherwise would because of the existence of deposit insurance. II. Because of the existence of deposit insurance, depositors in savings and loans and other banks have little incentive to investigate the financial stability of these institutions. A) I only B) II only C) both I and II D) neither I nor II
Other things being equal, corrective taxation is superior to regulation in the long run because it _____
a. gives the producer an incentive to find a way to reduce external costs b. the tax revenue can be used as compensation c. the tax revenue can be used on other parts of the budget d. is more burdensome on the producers of the externality
The prisoner's dilemma shows that
A) players are better off if they act independently. B) monopolies are beneficial to society. C) people will always cheat. D) players would be better off if they cooperated.
The demand curve for Japanese yen will shift to the right when
A) there is a decrease in demand for Japanese-made goods in the United States. B) there is no change in the demand for Japanese-made goods in the United States. C) there is a decrease in the demand for U.S.-made goods in Japan. D) there is an increase in the demand for Japanese-made goods in the United States.