_________ transfers, which are included in the trade balance, are payments made by government, private charities, or individuals in which money is sent abroad without any direct good or service being received.
a. Lateral
b. Bilateral
c. Unilateral
d. Non-lateral
c. Unilateral
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If the business taxes decreased for a firm, then we might expect investment spending to: A. increase.
A. increase. B. decrease. C. remain constant. D. there is not enough information to determine what would happen.
Trade occurs when a country has an absolute advantage and not just a comparative advantage over another country
a. True b. False Indicate whether the statement is true or false
Privatizing a public park would most likely do all of the following except
a. create a negative externality b. give people a more attractive park c. allow the new property owners to earn a profit d. assign property rights to the new owners e. bring in government revenue through the sale
Sally is on her college golf team and only uses Titleist golf balls. She states: "I don't care what the price is, I will only buy Titleists." Is this a believable assertion?