A very small portion of government expenditures is financed by taxes.
A. True
B. False
C. Uncertain
B. False
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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
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
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.
Discuss several of the hypotheses concerning the reduction in productivity growth in the mid-1970s
What will be an ideal response?