Which one of the following possibilities is TRUE?
A) Much of eurocurrency trading occurs in Europe.
B) Much of eurocurrency trading occurs in the United States.
C) Eurocurrencies trading occurs everywhere except the United States.
D) Eurocurrencies trading occurs everywhere except Europe.
E) Eurocurrencies trading occurs everywhere except China.
C
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Of the following Asian countries, which has the lowest level of real GDP per person?
A) China B) Korea C) Singapore D) Hong Kong
National income is equal to gross domestic product minus:
a. indirect business taxes. b. depreciation. c. personal taxes. d. retained earnings. e. consumption spending.
A major advantage of monetary policy over fiscal policy is that monetary
a. policy affects all sectors of the economy equally. b. policy can be put into effect more quickly. c. policy, once implemented, takes effect more quickly. d. authorities see the need for policy more quickly.
Which of the following properly ranks the size of tax revenues received by the federal government from highest to lowest?
A. Corporate taxes, Social Security payroll taxes, income taxes, and excise taxes. B. Social Security payroll taxes, excise taxes, corporate taxes, and income taxes. C. Income taxes, Social Security payroll taxes, corporate taxes, and excise taxes. D. Excise taxes, Social Security payroll taxes, income taxes, and corporate taxes.