Offshoring required which types of advances?
What will be an ideal response?
Advances in communications technology, such as fax machines, video conferencing, the Internet, and in general, lower prices for long distance communication
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Which of the following pairs of policies have inconsistent effects on aggregate demand? a. A tax increase and an increase in the money supply
b. A transfer payment increase and an increase in the money supply. c. A reduction in government purchases and a reduction of the money supply. d. none of the above
For central governments is most OECD countries,
a) business taxes are the largest source of government revenue b) Social Security contributions are smaller than taxes for other transfer programs c) taxes on property income are the major source of government revenue d) direct taxes on households raise more revenue than corporate taxes e) lotteries generate more revenue than taxes