Goods that are actually produced by firms are not really limited in supply, because the firms can always produce more of them

According to this Application, some conservatives worry that a value-added tax ________ and some liberals worry that a value-added tax ________

A) will penalize high-income individuals; will decrease per-capita GDP B) will discourage consumers from saving; will decrease federal tax revenue C) will result in consumers not realizing all the taxes they pay; is regressive D) is progressive; will reduce investment.

Globalization does not reward countries that follow good economic policies with greater access to the savings of the rest of the world to help finance growth and development

a. True b. False Indicate whether the statement is true or false