A very small portion of government expenditures is financed by taxes.

A. True
B. False
C. Uncertain


B. False

Economics

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When there is a recessionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.

A. decline; lower; decline B. increase; raise; decline C. decline; lower; expand D. decline; raise; decline

Economics

Which piece of federal legislation aims to prevent monopolization and restraint of trade?

A. Clayton Act B. Wheeler-Lea Act C. Sherman Act D. Federal Trade Commission Act

Economics

The most effective form of business organization for raising money to finance the expansion of its facilities and capabilities is a:

A. partnership. B. conglomerate. C. sole proprietorship. D. corporation.

Economics

Discuss several of the hypotheses concerning the reduction in productivity growth in the mid-1970s

What will be an ideal response?

Economics