A curve showing the relationship between tax rates and tax revenues is called a __________ curve

What is meant by capital stock?

What will be an ideal response?

When an economy relies on specialization,

A) the economy will generally produce only one product. B) the economy will usually be heavily agricultural. C) each individual in the economy produces the goods or services for which he or she has relatively the best ability. D) each individual will be assigned by the government to produce that good or service the government believes the economy should specialize in.