Compared to the Keynesian transmission mechanism, the monetarist transmission mechanism is
A) indirect and long.
B) direct and long.
C) direct and short.
D) indirect and short.
C
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Which of the following can be a valid reason for Canada's GDP exceeding its GNP in 2001?
a. Net factor income from abroad in Canada was negative. b. Canada's GNP measurements were flawed. c. Canada's indirect business taxes were exceptionally high. d. The World Bank underestimated Canada's net exports. e. Canada's residents received more foreign aid than they could spend.
Which of the following is not an administrative burden of our tax system?
a. government resources used to enforce tax laws b. keeping tax records throughout the year c. paying the taxes owed d. time spent in April filling out forms
Suppose there is a market in which the firms hold the following market shares: 25%, 20%, 18%, 15%, 8%, 7%, 4%, 2%, 1%. What is the concentration ratio for this market?
The economy’s self-correcting mechanism always tends to push the unemployment rate back toward a specific rate of unemployment called the
A. ideal rate of unemployment. B. natural rate of unemployment. C. full rate of unemployment. D. mature rate of unemployment.