The relationship between the price level and net exports is:
A. perfectly correlated.
B. negative.
C. uncorrelated.
D. positive.
Answer: B
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The bid price for a bond is
A) the minimum price that you are allowed to bid for a bond that is being auctioned by the government. B) the maximum price that you are allowed to bid for a bond that is being auctioned by the government. C) the price that you will receive from a securities dealer if you sell the bond. D) the price that you must pay a securities dealer to purchase a bond.
Subpart F income is passive and usually derived from operations in a tax-haven country.
a. true b. false
Externalities measure
A. Only costs of a market activity borne by a third party. B. Either costs or benefits of a market activity borne by a third party. C. Only benefits of a market activity borne by a third party. D. None of the choices are correct.
State and local governments receive most of their revenue from
A. property taxes, sales and excise taxes, and Social Security contribution. B. individual income taxes, social insurance contributions, and property taxes. C. corporate income taxes, property taxes, and personal income taxes. D. sales and excise taxes, revenue from the federal government, and property taxes.