Only individuals can assume the title of social entrepreneur.
a. True
b. False
b. False
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The percentage by which real gross domestic product is above or below its potential level is called the ?
A. ?inflation rate B. ?output gap C. ?real interest rate D. ?rate of compounding
Answer the following statements true (T) or false (F)
1.Consider Figure 5.5. The Japanese export quota's revenue effect totals $1,200. 2.Consider Figure 5.5. The government of Mexico collects 50 percent of the export quota's revenue effect, or $600, in the form of tax revenue. 3.Consider Figure 5.5. Assuming that the revenue effect of the export quota accrues to Japanese firms, the overall welfare loss to Mexico equals $2,100 as a result of the quota. 4.Excessive sea transport and freight regulations are examples of nontariff trade barriers. 5.For the United States, corporate average fuel economy standards (CAFÉ) provide a minimum limit on the number of gallons of gas that an automobile can consume per mile driven.
Revenue rulings are an example of administrative authority.
Answer the following statement true (T) or false (F)
Each of the following needs from Maslow’s hierarchy of needs is considered to be a maintenance factor under two-factor theory, EXCEPT ______.
a. safety b. physiological c. esteem d. social