Compared to people in other nations, people in the United States pay
a. much higher taxes.
b. somewhat higher taxes, on average.
c. about the same amount taxes.
d. lower taxes.
d
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All of the following issues have been discussed as options for reforming the international financial architecture EXCEPT
A) how high an interest rate the lender of last resort should charge when it makes loans. B) the length of the payback period. C) the size of the loans. D) if the lender of last resort (i.e., the IMF) should consult and collaborate with other international institutions such as the United Nations and the WTO.
Which of the following could be an example of a question that would be studied in microeconomics?
A. How did the recession end in 2009 if unemployment continued to rise? B. How will the legalization of marijuana in Colorado affect the market for cigarettes? C. When should Congress raise taxes in order to tackle the debt crisis? D. Why did our economic growth rate slow down during the 2000s?