Other things being equal, a decline in business taxes will cause investment to:

a. remain unchanged

b. increase

c. decrease

d. to equal consumption

b. increase

Economics

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Critically evaluate the following statement. "The presence of risk and uncertainty poses a problem for the workings of the market."

What will be an ideal response?

Economics

High transactions costs are reflected in

A) wide bid-asked spreads. B) narrow bid-asked spreads. C) high equilibrium prices. D) low equilibrium prices.

Economics