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1691EconomicsMedium

Tax shifting?

Ais the ultimate distribution of a tax’s burden

Bis the way in which a tax is structured

Coccurs when households can alter their behaviour and do something to avoid paying tax

Doccurs when taxes cause prices to increase but wages to fall.

Correct answer

C. occurs when households can alter their behaviour and do something to avoid paying tax

Explanation

The correct answer is occurs when households can alter their behaviour and do something to avoid paying tax.

1692EconomicsMedium

The civil rights movement in the United States was a________?

Aethical movement

Bchange resistant movement

Creform movement

Dnationalistic movement

Correct answer

C. reform movement

Explanation

The correct answer is reform movement.

1693EconomicsMedium

The foreign alliances the U.s has entered into have resulted in________?

Ahelp in the Middle East

Bassurance that allies will back up U.S

Cthe need to build up the U.S military apparatus

Dvery dependable allies

Correct answer

A. help in the Middle East

Explanation

The correct answer is help in the Middle East.

1694EconomicsMedium

Each point on the IS curve represents the equilibrium point in the?

Amoney market for the given level of the money supply

Bgoods market for the given interest rate

Cgoods market for the given level of government spending

Dmoney market for the given value of aggregate output

Correct answer

B. goods market for the given interest rate

Explanation

The correct answer is goods market for the given interest rate.

1695EconomicsMedium

If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-run result would be?

Aan increase in the level of output

Ba decrease in the unemployment rate

CAll of these answers

Dan increase in the rate of inflation

Correct answer

D. an increase in the rate of inflation

Explanation

The correct answer is an increase in the rate of inflation.

1696EconomicsMedium

The comparative advantage model of Ricardo was based on?

Aincome conditions underlying specialization and trade

Bintraindustry specialization and trade

Cdemand conditions underlying specialization and trade

Dinterindustry specialization and trade

Correct answer

D. interindustry specialization and trade

Explanation

The correct answer is interindustry specialization and trade.

1697EconomicsMedium

What term is given to unemployment caused by a downturn in the business cycle?

ADisguised unemployment

BCyclical unemployment

CTemporary unemployment

DUnderemployment

Correct answer

B. Cyclical unemployment

Explanation

The correct answer is Cyclical unemployment.

1698EconomicsMedium

About ________ of the World’s population lives in LDCs?

A35%

B80%

C25%

D50%

Correct answer

B. 80%

Explanation

The correct answer is 80%.

1699EconomicsMedium

That the company that overlooks new and better ways to do things will eventually lose customers to another company that has found a better way to serving customer needs is a major tenet of?

Asense -f mission marketing

Binnovative marketing

Cconsumer oriented marketing

Dvalue marketing

Correct answer

B. innovative marketing

Explanation

The correct answer is innovative marketing.

1700EconomicsMedium

If the Pakistan receives larger than expected revenues from exports then the exchange value of its currency will tend to?

Aappreciate

Bdepreciate

Cnot be affected

Dfluctuate more than if exports were lower

Correct answer

A. appreciate

Explanation

The correct answer is appreciate.

Tax shifting?

Ais the ultimate distribution of a tax’s burden

Bis the way in which a tax is structured

Coccurs when households can alter their behaviour and do something to avoid paying tax

Doccurs when taxes cause prices to increase but wages to fall.

Correct answer

C. occurs when households can alter their behaviour and do something to avoid paying tax

Explanation

The correct answer is occurs when households can alter their behaviour and do something to avoid paying tax.

Each point on the IS curve represents the equilibrium point in the?

Amoney market for the given level of the money supply

Bgoods market for the given interest rate

Cgoods market for the given level of government spending

Dmoney market for the given value of aggregate output

Correct answer

B. goods market for the given interest rate

Explanation

The correct answer is goods market for the given interest rate.

The comparative advantage model of Ricardo was based on?

Aincome conditions underlying specialization and trade

Bintraindustry specialization and trade

Cdemand conditions underlying specialization and trade

Dinterindustry specialization and trade

Correct answer

D. interindustry specialization and trade

Explanation

The correct answer is interindustry specialization and trade.