Strictly speaking, corporations do not pay taxes
a. True b. False
a
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If European economies enter a recession,
A) U.S. aggregate demand decreases and the U.S. AD curve shifts rightward. B) the quantity of real GDP demanded in the United States decreases and there is a movement down along the U.S. AD curve. C) U.S. aggregate demand decreases and the U.S. AD curve shifts leftward. D) the quantity of real GDP demanded in the United States increases and there is a movement up along the U.S. AD curve. E) U.S. aggregate demand increases and the U.S. AD curve shifts rightward.
Changes in the quality of some goods and services, such as electromechanical calculators, are thought to give a downward bias to the consumer price index
a. True b. False Indicate whether the statement is true or false
A technological improvement that lowers production costs for Good A will shift: a. the supply curve for A to the left
b. the demand curve for A to the left. c. the demand curve for A to the right. d. the supply curve for A to the right.
The antitrust laws are sometimes used by companies to reduce competition in their markets rather than enhance it.
Answer the following statement true (T) or false (F)