Politicians have suggested that the budget deficit could be reduced by
A. increasing taxes and reducing expenditures.
B. lowering the interest rates.
C. forbidding interest payments on government bonds outsourcing.
D. imposing higher tariffs on imported goods.
Answer: A
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A change in the wage causes a shift in the supply curve for labor and a
A) shift along the demand curve for labor. B) shift in the demand curve for labor. C) rotation in the demand curve for labor. D) It cannot be determined by the information provided.
If a company making frozen orange juice expects the price of its product to be higher next month, it will supply more to the market this month
a. True b. False Indicate whether the statement is true or false
The rule established for short-run profit maximization guarantees that a firm that follows it will earn economic profits.
Answer the following statement true (T) or false (F)
Which of the following activities is NOT a primary concern of investment banks?
A) taking in deposits and making loans B) providing advice and financing for mergers and acquisitions C) underwriting new security issues D) providing advice on new security issues