In "real business cycle" theory, as opposed to "traditional business cycle" theory, the govern- ment is viewed as an instrument to correct unevenness in economic growth caused by cycles

Indicate whether the statement is true or false

F

Economics

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________ is generated from taxing profits earned by firms

A) Excise tax B) Sales tax C) Corporate income tax D) Payroll tax

Economics

Technological changes that decrease minimum efficient scale

a. reduce concentration b. increase concentration c. increase product diversification d. increase the value of existing assets e. decrease the exchange rate

Economics