If the federal government borrows to build a new dam in North Dakota with a rate of return above the borrowing rate, and later raises federal income taxes to pay the interest, future welfare in the United States is
A) redistributed and lowered overall.
B) redistributed but not lowered overall.
C) not redistributed but lowered overall.
D) not redistributed and not lowered overall.
B
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At full employment, the expected inflation rate is
A) higher than the inflation rate. B) unrelated to the inflation rate. C) equal to the inflation rate. D) lower than the inflation rate. E) unknown.
The United States is the largest consumer and importer of grains and other agricultural output in the world
a. True b. False Indicate whether the statement is true or false
How can corporate management defend itself against a hostile takeover attempt?
For the perfectly competitive firm, the marginal revenue is always
A. Increasing. B. Decreasing. C. Constant. D. Equal to average total cost.