U.S. government policy to stimulate research and development activities would be most likely to succeed if it involved

a. interest rate policy.
b. corporate tax policy.
c. personal income tax policy.
d. payroll tax policy.

b

Economics

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Refer to Figure 7-1. Marginal social benefit is represented by which curve?

A) Supply B) D1 C) D2 D) All of the above represent marginal social benefit.

Economics

Economists define money as

A) cash in circulation. B) deposits in commercial banks. C) anything that people are willing to accept in payment for goods and services or to pay off debts. D) bonds issued by large corporations.

Economics