Labor unions will raise the quantity of labor demanded
a. True
b. False
Indicate whether the statement is true or false
False
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The international debt crisis of early 1982 was precipitated when ________ could not pay its international debts
A) Russia B) Mexico C) Brazil D) Malaysia E) China
In 1999 the European unemployment rate was ________ that in the United States
A) double B) triple C) equal to D) lower compared to
The LM statistic requires estimation of the unrestricted model only.
Answer the following statement true (T) or false (F)
Corporate profits are taxed twice because
A. capital gains are not indexed to the rate of inflation. B. it is economically efficient to reduce the amount of retained earnings. C. the government wants to minimize the amount of tax paid on capital gains. D. taxes are collected on profits before profits are distributed to shareholders.