Explain what happens to the world real interest rate if the government of Panama runs a large government budget deficit
What will be an ideal response?
Since Panama is a small open economy, the world real interest rate would not be affected by the government of Panama running a large government budget deficit.
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The United States Postal Service is an example of a monopoly created by
a. government franchise. b. copyright. c. control of scarce inputs. d. rent-seeking behavior.
A property tax is based on the income of the taxpayer, not the value of the property
Indicate whether the statement is true or false
What is intra-industry
a. trade in different goods between two countries b. trade in the same company between countries c. trade in the same industry between two countries d. trade in different goods in different countries
Which of the following would NOT be considered a capability in the capabilities approach?
A. To live free of the fear of violence B. To be able to find secure and meaningful work C. To be able to afford to travel freely D. All of these are considered capabilities