If the government of Canada increased its budget deficit, then domestic investment
a. and net exports would rise.
b. would rise and net exports would fall.
c. would fall and net exports would rise.
d. and net exports would fall.
d
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A tariff refers to a limit on the number of goods that can be imported to a country
Indicate whether the statement is true or false
Fill in the blank: According to your textbook authors, ________ is a key condition for competition to occur
A) government regulation of price B) government regulation of output C) preservation of profit D) freedom of entry
From the date a U.S. patent is granted to a firm, it ceases to be a potential source of monopoly profits after
A) 20 years. B) 14 years. C) 10 years. D) 7 years.
Various studies have recommended changes in the Federal Reserve structure and policy that include
a. having Congress set the discount rate. b. placing monetary policy in the control of Congress. c. dissolving the Board of Governors. d. making each appointment to the Board of Governors a lifetime appointment.