Planning from the achieved level refers to:
a. Planning in Japan
b. Indicative planning in France
c. Soviet planning practice
d. All of the above
e. None of the above
C
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Consumption taxes are generally viewed as
A. regressive. B. progressive. C. simple to calculate. D. multiplicative.
A share of stock is
A. a claim on the assets of the corporation that gives the purchaser an ownership right in the corporation. B. the share of profits distributed to stockholders. C. a promise to pay for the use of someone else's money. D. a promise to loan money to someone. E. a and b
In an analytical sense, unions can be thought of as
A) setters of minimum wages. B) monopoly buyers of workers. C) generators of inflation. D) monopsonies.
Economic profit is defined as
a. total revenue minus price b. price minus quantity c. total revenue minus what must be paid to resources to attract them from their best alternative use d. total revenue divided by what must be paid to resources to attract them from their best alternative use e. total revenue plus what must be paid to resources to attract them from their best alternative use