Which of these sets of countries has the greatest degree of internal corruption as of 2012, according to Transparency International?
A. Somalia, Afghanistan, and Venezuela.
B. Finland, Denmark, and New Zealand.
C. United States, Greece, and Italy.
D. Mexico, China, and India.
A. Somalia, Afghanistan, and Venezuela.
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If the Fed wants to fight inflation, it will ________ the federal funds rate in order to ________
A) raise; decrease aggregate supply B) raise; increase aggregate supply C) raise; decrease aggregate demand D) lower; decrease aggregate demand E) lower; increase aggregate supply
What is the difference between marginal and average tax rates? Under what marginal and average tax rate conditions would an income tax be progressive?
What will be an ideal response?
There are several reasons why incomes are unequal, including differences in luck, experience, and schooling
a. True b. False Indicate whether the statement is true or false
What is the definition of an oligopoly?
a) one firm producing 95 percent of the output b) two to four firms producing 70 percent to 80 percent of the output c) eight to ten firms producing 60 percent to 70 percent of the output d) eight to ten firms producing 90 percent of the output