Author Question: In the context of fiscal strategies, most economists agree that higher taxes can boost the economy ... (Read 60 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
In the context of fiscal strategies, most economists agree that higher taxes can boost the economy by leaving more money with the government to spend during an economic crisis.
 
 Indicate whether the statement is true or false

Question 2

Which of the following best defines balance of trade?
 A) Purchasing products in other countries and bringing them into one's own country.
  B) The total value of a nation's exports minus the total value of its imports over some period of time.
  C) The total flow of money into the country minus the total flow of money out of the country over some period of time.
  D) The ability to specialize in the production of a specific product and trade it for other needed products.
  E) The ability to produce a certain product more efficiently than any other nation.



Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

False

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library