In effect, the U.S. does subsidize high-tech firms by subsidizing R&D. This is done through
A) the budget of the Department of Education.
B) systematic protection through the levying of tariffs.
C) systematic protection through the establishment of NTBs.
D) relatively accelerated "depreciation" of R&D investment in the Federal tax codes.
E) subsidies for high-tech firms.
D
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Provide arguments for and against education vouchers
What will be an ideal response?
The change in the cost of living over time is referred to as:
A. inflation. B. substitution bias. C. a fixed-weight price index. D. real income.
Paper money is printed at the _______________________, but it is issued to commercial banks by the ______________________________
A) Bureau of Engraving and Printing; FOMC B) U.S. Mint; 12 Federal Reserve District Banks C) Federal Reserve building in Washington; D.C., U.S. Treasury D) Bureau of Engraving and Printing; 12 Federal Reserve District Banks E) none of the above
Refer to the accompanying table. To increase output from 33 to 66 units requires ________ extra employee(s) per day; to increase output from 66 to 99 units requires ________ extra employee(s) per day.Output Per DayNumber of Employees Per Day00331662994132716511
A. 1; 2 B. 2; 4 C. 1; 1 D. 2; 1