The pricing of a product at each stage of production as the product moves through several stages is called
A) transfer pricing.
B) cost plus pricing.
C) penetration pricing.
D) monopolistic pricing.
A
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If the United States ran large budget deficits that push the federal debt to dangerously high levels, which of the following would be most likely to occur?
a. An increase in investor confidence, an inflow of capital, and expansion in the size of the trade deficit. b. Loss of investor confidence, a decline in the net inflow of capital, and shrinkage in the trade deficit. c. An increase in the attractiveness of investments in the United States, an increase in the inflow of capital, and a smaller trade deficit. d. An increase in the long-term growth rate of the U.S. economy.
The fiscal policy action most likely to increase investment spending would be ______.
a. increasing the individual income tax rate b. decreasing the individual income tax rate c. increasing the business tax rate d. decreasing the business tax rate
Resources are directed from one industry to another by
A. Market failure. B. Government failure. C. Changes in market prices. D. None of the choices are correct.
Who among the following exercises a right to pollute?
A) A cigarette smoker B) An automobile driver C) An owner of a coal-fired electrical utility D) A user of household sprays E) All of the above.