The difference between government receipts and government expenditures is called a _____
a. loss
b. shortfall
c. deficit
d. debt
c
Economics
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Human capital does not improve with
A. higher learning. B. on-the-job training. C. higher wages. D. learning on the job.
Economics
Which of the following statements is NOT true for a perfectly competitive firm?
A. The market demand and supply curves determine the market price. B. The firm's demand curve is perfectly elastic. C. The firm can influence its demand curve by advertising its product. D. A firm's demand curve is horizontal.
Economics