In the United States, which of the following is not directly determined by U.S. income?
A. imports
B. exports
C. consumption
D. income tax revenue
Answer: B
You might also like to view...
If equilibrium is present in a market,
a. there is generally either a shortage or a surplus. b. quantity demanded equals quantity supplied. c. quantity demanded exceeds quantity supplied. d. quantity supplied exceeds quantity demanded.
About _____ of every ten dollars in the U.S. M1 balance is in the form of currency.
A. 1 B. 2 C. 3 D. 4 E. 5
In monopolistic competition there is an underallocation of resources at the profit-maximizing level of output, which means that:
A. minimum ATC is less than MC. B. price is greater than minimum ATC. C. minimum ATC is less than MR. D. price is greater than MC.
If the marginal cost for the state of Montana to increase the speed limit on its interstate highways to 100 mph is estimated to be $500 per day, then Montana should increase the speed limit to 100 mph
A) only if the marginal benefit received each day is less than $500. B) as long as the marginal benefit received each day is just equal to or greater than $500. C) as long as the daily marginal cost is lower than it had been before the speed limit increase. D) unless the marginal benefit received falls to zero.