A line graph that shows rising and falling profits over several years would have a(n)
a. A 90 degree slope
b. downward slope
c. varied slope
d. almost level slope
Ans: c. varied slope
Economics
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If goods imports are greater than goods exports, the nation is experiencing a:
a. negative balance on current account. b. goods trade deficit. c. capital account imbalance. d. weakening of its currency. e. growth in foreign reserves.
Economics
The Laffer curve shows the relationship between tax
a. revenue and tax rates b. revenue and take-home pay c. revenue and government spending d. rates and take-home pay e. rates and government spending
Economics