The U.S. federal government relies more heavily on sales taxes, excise taxes, and customs duties than nearly any other government in the world
a. True
b. False
Indicate whether the statement is true or false
False
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Answer the following statement(s) true (T) or false (F)
1. Risk is the chance of something bad happening. 2. Risk analysis is an important element of environmental policy development. 3. Risk that is deliberately assumed is considered involuntary risk. 4. Exposure to passive or secondhand smoke is a type of voluntary risk. 5. Both hazard and exposure define environmental risk, but each can independently affect the outcome.
Private ownership will lead to better incentives and better social decisions in a regulated firm
Indicate whether the statement is true or false
The direct impact on spending of short-term interest rate changes by central banks is:
A. not that powerful. B. only effective for net exports but not for investment and consumption. C. definitely the strongest of all transmission mechanisms. D. only effective for consumption but not investment.
Interdependence is the key characteristic of
A) perfect competition. B) monopolistic competition. C) oligopoly. D) monopoly.