Which of the following is a recommended policy for industrially advanced countries to adopt to foster economic growth in DVCs?
A. Admitting more temporary workers from DVCs
B. Reducing the amount of debt relief for DVCs to make them less dependent
C. Eliminating loans from the World Bank because it encourages bureaucracy
D. Eliminating financial control of central banks where they have been established
A. Admitting more temporary workers from DVCs
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Suppose you are making $50,000 per year and paying $5,000 per year in income taxes. You get a $10,000 per year raise and your income taxes are now $6,500 per year. Based on this information, the income tax system is
A) proportional. B) progressive. C) regressive. D) bracketed.
Which of the following is likely the best explanation for the state of California's requirement that brake lamp adjusters must be licensed?
A. Improperly adjusted brake lamps pose a serious threat to public safety. B. Brake lamp adjusting is a hard job requiring years of education. C. Almost all states require licensing of brake lamp adjusters. D. The licensing requirement reduces competition and increases wages.
Figure 36-3
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Which of the situations illustrated in Figure 36-3 shows the effects of a currency appreciation leading to a recession?
A. 1 B. 2 C. 3 D. 4
A country produces cars and books. All of its resources are currently being employed in the production of these two goods. If this country increases the production of cars, what will happen with the quantity produced of books?
A) The quantity of books produced will not change. B) The quantity of books produced will decrease. C) The quantity of books produced will slightly increase. D) The quantity of books produced will substantially increase .