For legal purposes, a corporation is treated as
a. an individual.
b. a nonprofit organization.
c. a partnership.
d. a limited partner in a partnership.
a
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The crowding-in effect depends on the fact that often a decrease in taxes causes a(n)
A. decrease in interest rates and an increase in the price of existing bonds. B. increase in output, which induces more investment. C. increase in interest rates and a decrease in the price of existing bonds. D. decrease in interest rates and the price of existing bonds.
The term "business cycle" refers to ________
A) the opening and eventual closing down of businesses B) the rising and later declining of the purchasing power of the dollar C) the acquiring of raw materials and ultimate selling of a finished product D) the tendency for rich economies to be inevitably out-paced by other economies E) the slowing and eventual accelerating of economic growth
During 2001-2004, the Fed injected additional reserves into the banking system, which reduced the federal funds rate and other short-term interest rates. Other things constant, what is the most likely short-run impact of this policy?
a. an increase in the rate of unemployment b. a reduction in the growth of employment c. an increase in aggregate demand and real GDP d. a reduction in the long-run rate of inflation
We observe a transaction only when the investment value of the buyer _____________ the investment value of the seller.
Fill in the blank(s) with the appropriate word(s).