When you compare the effects of government spending on aggregate demand with the effects of taxes on aggregate demand, the effects of government spending are
a. smaller.
b. larger.
c. the same.
d. impossible to predict.
b
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A rightward shift of the BP schedule is the result of a(n)
a. increase in the foreign interest rate. b. decrease in the foreign interest rate. c. exogenous fall in export demand. d. increase in import demand.
The Webb-Pomerene Act of 1918 prohibits price fixing and other anticompetitive agreements that pertain solely to goods for export
Indicate whether the statement is true or false
In a world with saving, making an income tax a consumption tax would require the tax base to be _____
a. income b. income minus savings c. consumption plus investment d. comprehensive
__________ people are often overly affected by outside forces, such as changes in weather or the bad attitudes of coworkers
a. Synergistic b. Reactive c. Positive d. Pro-active