Which of the following is included in net government income?
A) social security benefits
B) factor income
C) taxes
D) all of the above
E) none of the above
C
Economics
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Countries that have flexible exchange rates are known to possess some certain economic characteristics. What are they?
What will be an ideal response?
Economics
Under a gold standard, if the market price of gold is below the official price of gold (set by the monetary authority), people will be more likely to sell gold __________________, which will cause the money supply to _______________ and the price level.to _______________
A) to the monetary authority; fall; fall B) to the monetary authority; rise; rise C) in the gold market; fall; fall D) in the gold market; rise; rise
Economics