High income countries with larger governments as a share of GDP have generally
a. grown less rapidly than their counterparts with smaller governments.
b. experienced less deadweight losses resulting from taxes and/or government borrowing.
c. seen the government decrease in size as real GDP rises.
d. been able to be more economically efficient.
A
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A) almost 40 percent B) approximately 25 percent C) between 15 and 20 percent D) between 1 and 4 percent
Which of the following would be part of the Thai demand for U.S. dollars?
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A supply schedule shows
a. the "market potential" for a product. b. how much producers are willing and able to sell at different prices. c. possible combinations of output under different conditions. d. how much consumers would like to buy at different prices. e. All of the above are correct.