A large and growing current account deficit can be an indicator of a potential crisis

Indicate whether the statement is true or false


TRUE

Economics

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High barriers to entry are generally found in: a. monopolistically competitive markets. b. oligopolistic markets

c. monopolistic markets. d. both (b) and (c).

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Why might Congress find it easier to promote full employment than to curb inflation?

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Consumers receive more consumers' surplus when __________

A) tariffs exist. B) tariffs and quotas do not exist. C) quotas exist. D) a and c

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Which of the following is most consistent with the benefits principle?

A. Charging taxes to the people who use the funded services B. Taxes that account for a person’s ability to pay C. Excise taxes on imported aluminum D. Sales taxes on cigarettes

Economics