All of the following would stimulate economic growth EXCEPT
A) decreasing taxes on consumption (for instance, decreasing a sales taxes) and increasing income taxes.
B) subsidizing basic research.
C) decreasing tuition charges at state universities.
D) encouraging international trade.
A
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A country cannot achieve economic growth with a limited base of natural resources.
Indicate whether the statement is true or false.
Coffee is an example of a product that has been successfully labeled and marketed based on its production method or environmental protection
Indicate whether the statement is true or false
Which of the following is NOT one of the determinants of the gains of adopting a single currency?
A) A well-synchronized business cycle involving all member countries B) The possibility of factors of production to freely move across borders C) The willingness and ability of member countries to design policies to address regional imbalances that may develop D) Widening the common market by allowing other countries to join E) None of the above.
The largest component of household consumption spending is expenditures on:
a. services. b. durable goods. c. nondurable goods. d. food. e. transportation.