Deficit is the difference between government expenditures, which are either purchases or transfer payments and tax receipts.
Answer the following statement true (T) or false (F)
True
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Assume that you are in charge of an agrarian colony of an European nation. What are the different extractive policies which can be adopted to maximize the wealth of the home nation?
What will be an ideal response?
Staggered price setting ________
A) leads to frequent price adjustments B) occurs when firms fail to consider the behavior of their competitors C) is generally illegal D) all of the above E) none of the above
The ________ consumers make decisions about whether to purchase that ________ affected by small changes in price or quality, therefore a quality improvement for these consumers is not profitable.
A. inframarginal; are B. inframarginal; are not C. marginal; are D. marginal; are not
Why does core inflation not include energy or food prices?
What will be an ideal response?