Of the sources of external funds for nonfinancial businesses in the United States, corporate bonds and commercial paper account for approximately ________ of the total
A) 5%
B) 10%
C) 32%
D) 50%
C
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The main redistribution effect of a tariff is the transfer of income from
A) domestic producers to domestic buyers. B) domestic buyers to domestic producers. C) domestic producers to domestic government. D) domestic government to domestic consumers. E) foreign producers to domestic consumers.
To compare the GDP of countries with different currencies, it is necessary to convert to a “common denominator” often referred to as _______.
a. purchasing power parity (PPP) b. exchange rate c. GDP per capita d. GDP
The overall increase in GDP that results from a $1 cut in taxes is called the
A. tax multiplier. B. base multiplier. C. fiscal multiplier. D. government spending effect.
In macroeconomics, the long run refers to:
A. two years. B. one year. C. ten years. D. None of these is true.