Which of the following is likely among the most concentrated industries in the United States?
A) printing and publishing
B) soft drinks
C) tobacco products
D) household vacuum cleaners
Answer: C
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The person hired by a corporation's board of directors to run the day-to-day operations of the corporation is known as the
A) chief executive officer. B) owner-manager. C) corporate governor. D) chairman of the board.
Average per-capita GDP in the richest, most prosperous economies is ________ times that of the average in the ________ economies
A) 95, low (poorest) income B) 95, lower-middle income C) 73, lower-middle income D) 44, low (poorest) income E) 69, low (poorest) income
What factors will shift the aggregate expenditure function for a given level of real domestic income?
What will be an ideal response?
Which of the following statements is correct?
a. A tax levied on buyers will never be partially paid by sellers. b. Who actually pays a tax depends on the price elasticities of supply and demand. c. Government can decide who actually pays a tax. d. A tax levied on sellers always will be passed on completely to buyers.