In effect, the U.S. does subsidize high-tech firms by subsidizing R&D. This is done through
A) the budget of the Department of Education.
B) systematic protection through the levying of tariffs.
C) systematic protection through the establishment of NTBs.
D) relatively accelerated "depreciation" of R&D investment in the Federal tax codes.
E) subsidies for high-tech firms.
D
Economics
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Cooperation that continues as long as the players continue to cooperate is
A) a zero-sum game. B) a negative-sum game. C) tit-for-tat strategic behavior. D) opportunistic behavior.
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Currency devaluations hurt consumers because they make imports ________ expensive in the _____________ currency
a. Less; domestic b. Less; foreign c. More; domestic d. More; foreign
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