The size of the underground economy would tend to decrease if the government of a country
A) decreased government regulations on businesses.
B) made over-the-counter drugs illegal.
C) increased income tax rates.
D) increased business taxes.
Answer: A
Economics
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In general, an externality is created when
A) people are affected (other than by price) by a transaction which they were not part of. B) firms produce a product of low quality and consumers don't like it. C) firms have to pay for polluting the environment. D) the government subsidizes education.
Economics
In the antebellum period, the largest source of employment was:
a. the agricultural sector. b. the manufacturing sector. c. government (local, state and federal) d. the service industry.
Economics