One difference between a policy of direct spending by the government on research and development and an alternative policy of tax incentives to encourage private spending on R&D is ________
A) the former improves the productivity of R&D, while the latter raises its level
B) the former requires a decrease in national saving, while the latter causes an increase
C) the former raises the level of R&D spending, while the latter also improves its productivity
D) the former requires an increase in national saving, while the latter causes a decrease
C
Economics
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Refer to Figure 4-7 which shows the market for watermelons. Suppose the government imposes a price floor of Pw. How will the price floor affect the quantity supplied, quantity demanded, and quantity exchanged?
What will be an ideal response?
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Increasing concentration always means an industry has become effectively monopolized
a. True b. False Indicate whether the statement is true or false
Economics