A unit tax of $1 will always
A) shift the supply curve upward by more than $1.
B) shift the supply curve upward by less than $1.
C) shift the supply curve up by exactly $1.
D) leave the supply curve unchanged.
C
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What are two ways in which economic growth is generally measured?
What will be an ideal response?
Productivity, or output per labor hour, rises as transportation costs fall
Indicate whether the statement is true or false
In an open economy, an increase in savings because of concerns about the future should cause the domestic real interest rate to ________ and should cause net exports to ________
A) rise; rise B) rise; fall C) fall; rise D) fall; fall
If a company is associated with a green lizard and the company wants to protect the green lizard symbol, the company would consider the green lizard to be which of the following?
A) a patent B) a trade secret C) a copyright D) a trademark