Natural resources
a. are inputs provided by nature.
b. include land, rivers, and mineral deposits.
c. take two forms: renewable and nonrenewable.
d. All of the above are correct.
d
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As an exchange rate regime, target zones would be classified as
A) splitting the difference between fixed and flexible. B) a flexible exchange rate policy. C) a fixed exchange rate policy. D) a currency basket.
When business leaders become pessimistic about future sales and profits and increase their spending on plant and equipment, their expectations are usually fulfilled
a. True b. False Indicate whether the statement is true or false
Complete the following sentence. Full employment
A) occurs when all unemployment is frictional and discouraged. B) occurs when all unemployment is cyclical and structural. C) occurs when there is zero unemployment. D) occurs when there is zero frictional unemployment. E) occurs when there is zero cyclical unemployment.
The tax rate structure is the
A. measure of who pays the tax. B. study of how taxes change over time. C. measure or value upon which a tax is levied. D. percentage of a tax base that must be paid in taxes.