In general, the development of underground economic activity ________ economic efficiency
A) hinders
B) has no effect
C) aides
D) hard to tell, sometime hinders, sometimes aides
E) spikes
A
Economics
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Stocks and bonds issued in markets-oriented financial systems are rather __________ because they are traded __________
A) liquid; frequently B) liquid; infrequently if at all C) illiquid; frequently D) illiquid; infrequently if at all
Economics
Taxes cause:
a. Market distortions b. A reduction in incentives to work c. A decrease in wealth creating transactions d. All of the above
Economics