The U.S. Postal Service expenditures are off-budget
a. True b. False
a
You might also like to view...
Ad valorem tariffs are
A) import taxes stated in ads in industry publications. B) import taxes calculated as a fixed charge for each unit of imported goods. C) import taxes calculated as a fraction of the value of the imported goods. D) the same as import quotas. E) import taxes calculated solely on the origin country.
Both a parallel market and a black market are free markets permitted to coexist with the official market
Indicate whether the statement is true or false
Though useful, purchasing power parity does not completely explain long-run movements in exchange rates due to
A) some goods being nontradeable. B) changes in the real exchange rate. C) differentiated products. D) all of the above.
A consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S. If the price of shelter increases by 2 and consumption of shelter remains constant at 20, how will consumption of food change?
A) decrease by 10 B) decrease by 20 C) decrease by 40 D) decrease by 60