The 2002 federal tax cuts _____
a. were based on efficiency considerations
b. were based on equity considerations
c. were based on budgetary considerations
d. did not have a clear motivation
d
You might also like to view...
Of the following market structures, which has the fewest number of firms competing against each other?
A) monopolistic competition B) oligopoly C) perfect competition D) Both answers A and C are correct.
If the interest rates available on investments in two countries were the same, you would be less likely to invest in assets of the country: a. whose currency was likely to appreciate
b. whose currency was likely to depreciate. c. whose currency had the greatest exchange value. d. none of the above; it would not matter what was likely to happen to a country's currency exchange rate.
The behavior of the monopolistic firm
A. maximizes the benefits to consumers, given the resources available to the economy. B. increases output in order to raise prices in the short term. C. results in excess capacity and inefficiency. D. results in entry into the market by other firms.
In Russia, estimated losses from copyright piracy total ________.
A) $3,596 million B) $2,224 million C) $1,691 million D) $225 million