Which of the following statements is false?
A) Between 1980 and 2006, the index of openness has risen for most countries.
B) Since 1950, international trade has been growing faster than the growth of world output.
C) A country cannot be a leading world exporter without a high index of openness.
D) Two of the above are true.
C
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According to ________, the law's assignment of property rights would have no effect on the way resources would end up being used
A) Milton Friedman B) Ronald Coase C) Aaron Director D) George Stigler
Which of the following actions could be undertaken if the government wants to close a recessionary gap?
A) Increase taxes and reduce government spending. B) Reduce taxes and increase government spending. C) Increase taxes and increase government spending. D) Reduce taxes and reduce government spending.