NAFTA refers to a 1994 agreement that eliminated most tariffs among which countries?
A) the United States, Mexico, and Cuba
B) the United States, the United Kingdom, and Mexico
C) Canada, the United Kingdom, and Mexico
D) the United States, Canada, and Mexico
D
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Explain what information that changes in the value of a firm's stocks provide for a firm's managers and for investors
What will be an ideal response?
Expenditure changes may be potentially inequitable, as are tax changes, because
A) their spatial distribution must be determined by the legislature. B) their spatial distribution must be determined by the Fed. C) the government is slow to implement new programs. D) unlike Japan, public works projects are the province of the executive branch.
Investment spending is a potent force in the macroeconomy, because ________
A) it is subject to large fluctuations B) it is larger than other spending categories C) it is the focus of macroeconomic policies D) it expresses entrepreneurial talent
____ is an object in use as a medium of exchange, but which also has a substantial value in alternative uses
a. IOU b. A commodity money c. Fiat money d. Deposit certificate