If the government's expenditures are $1.5 trillion and its tax revenues are $2.2 trillion, the government is running a budget...

If a large percentage of economic activity in developing countries is unrecorded, then the countries are likely to rely on which of the following taxes to provide government revenue?

A) Sales taxes B) Property taxes C) Income taxes D) Tariffs

In the context of market structure, the characteristic that best describes a monopolistically competitive market is that:

a. there are few firms in the market. b. the products produced cannot be easily differentiated. c. entry and exit are both difficult. d. firms spend a great deal on advertising and promotion. e. firms spend very little on advertising and promotion.