If Turkey wants to promote faster economic growth, it will need to
A) promote government intervention to help markets determine incentives.
B) restrict property rights so that individuals can better share inventions.
C) promote incentive systems to encourage saving, research and development, increased trade and improved education.
D) restrict economic freedom so the government has better control of markets.
E) restrict international trade to protects its own workers.
C
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Consider the demand curves for soft drinks shown in the figure above. Suppose the economy is at point a. Which of the following could result in a movement to point d?
A) a decrease in income B) an increase in the relative price of a soft drink C) a decrease in the relative price of a soft drink D) a decrease in the price of bottled water
The federal government relies most heavily on which source of revenue?
a. individual income taxes b. corporate income taxes c. social insurance payroll taxes d. excise taxes
User reviews of products on store websites that reassure buyers of the quality is an example of:
A. screening. B. building a reputation. C. statistical discrimination. D. None of these statements is true.
Investment, as a part of GDP, includes:
A. any goods that are bought by - firms who plan to use those purchases to produce other goods and services in the future, rather than consuming them. B. any item you buy that you are looking for a return on over time. C. consumption goods that are purchased by households. D. spending on productive inputs such as stocks, bonds, and other types of financial instruments.