________ countries tend to depend on tariffs for a relatively large part of their government revenue
A) Developed
B) Developing
C) All
B
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During financial crisis of 2008-09, the government rescued financial firms and the auto industry. As a result,
A) the government's budget deficit increased, the government's demand for loanable funds increased and private investment was crowded out. B) the government's rescue plan created a surplus of loanable funds. C) the private demand for loanable funds increased. D) the supply of loanable funds decreased in response to the government's budget deficit. E) real interest rates decreased.
In the 1970s and 1980s the U.S. dollar depreciated against the German mark and appreciated against the Italian lira because U.S. inflation was lower than in Germany but higher than in Italy
a. True b. False Indicate whether the statement is true or false
Answer the following questions true (T) or false (F)
1. The only type of business that faces limited liability is a partnership. 2. In the United States, sole proprietorship profits are taxed at the business level and then are taxed again as personal income in the form of dividend payments. 3. Corporations are legally owned by their board of directors.
What variables cause the short-run aggregate supply curve to shift? For each variable, identify whether an increase in that variable will cause the short-run aggregate supply curve to shift to the right or to the left
What will be an ideal response?