A firm can reduce its expected legal costs by negotiating an advance pricing agreement (APA) with the IRS. However, filing an APA can expose the firm to considerable risk by giving the government access to its sensitive cost-related information. This is an example of the ________ that arise due to regulation.:

In which case is total expenditure in an economy NOT equal to total income?

A. if total saving is larger than total investment B. if net exports are not zero C. if inventory investment is negative D. None of the answers is correct—they are always equal.

An early frost in the vineyards of Napa Valley would cause a(n)

a. increase in the demand for wine, increasing price. b. increase in the supply of wine, decreasing price. c. decrease in the demand for wine, decreasing price. d. decrease in the supply of wine, increasing price.