Deep integration
A) is easier to achieve than shallow integration.
B) is less controversial than shallow integration.
C) does not require changing domestic policies unrelated to tariffs and quotas.
D) requires cooperation with other national governments or international bodies.
D
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Tax collections in the United States are an example of
a. tradition in a mainly market system b. command in a mainly tradition system c. market in a mainly tradition system d. tradition in a mainly command system e. command in a mainly market system
The No-Cash-on-the-Table Principle states that there are:
A. never unexploited opportunities available to individuals in equilibrium. B. always unexploited opportunities available to individuals. C. never unexploited opportunities available to individuals. D. sometimes unexploited opportunities available to individuals in equilibrium.
If the market interest rate decreases, then there will _____
Fill in the blank(s) with the appropriate word(s).
When the Fed increases the money supply, interest rates
A. rise, causing velocity to fall. B. fall, causing velocity to fall. C. rise, causing velocity to rise. D. fall, causing velocity to rise.