When regulatory requirements make it costly and complex to open a business,
What will be an ideal response?
the volume of trade will decline and economic growth will be retarded.
You might also like to view...
A stock is an IOU and a bond represents ownership in a company
Indicate whether the statement is true or false
Which of the following must be true if average variable costs are decreasing?
a. Average fixed cost exceeds average total cost. b. Marginal cost exceeds average variable cost. c. Marginal cost is less than average variable cost. d. Marginal cost is less than average total cost.
An average tax rate of 20 percent on the poor and 1 percent on the rich would be
A. progressive. B. proportional. C. regressive.
If the Fed wished to decrease GDP, it could:
A. increase the reserve requirement or conduct an open market sale. B. increase the reserve requirement or conduct an open market purchase. C. decrease the reserve requirement or conduct an open market sale. D. decrease the reserve requirement or conduct an open market purchase.