The main policy goal for a country according to the mercantilists is
A) to create a one-time deficit in the balance of payments.
B) to create a continuing deficit in the balance of payments.
C) to create a one-time surplus in the balance of payments.
D) to create a continuing surplus in the balance of payments.
E) to create specie overflows.
D
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In a prisoners' dilemma game, which of the following strategies gives the best outcome for both prisoners?
A) Both deny (collusion). B) Both confess (not collude). C) One confesses while the other denies. D) none of the above
Which of the following is an example of a tax based on the benefits principle?
a. An income tax b. A lump-sum tax assessed on household in town to finance the construction of soccer fields c. A gasoline tax imposed by a city to be used to upgrade facilities local high school d. A toll road