Author Question: A shoe retailer does not give a bill for shoes purchased from his store and does not report his ... (Read 67 times)

Collmarie · **on:** Jun 30, 2018

A shoe retailer does not give a bill for shoes purchased from his store and does not report his income correctly to evade taxes. If you pay him 50, ________.

A) the GDP of your country will fall
B) the GDP of your country will increase
C) the trade surplus of your country will increase
D) the GDP of your country will remain unchanged

Question 2

An international financial crisis is most often caused by

A) foreign investments and loans being withdrawn from a nation.
B) a drop in the value of the U.S. dollar.
C) a nation's central bank lowering domestic interest rates.
D) a government refusing to pay its dues to the United Nations.