Russia, Iran and Qatar made the first serious moves in October 2008 toward forming an OPEC-style cartel on natural gas. What is the goal of a cartel?
A) restrict output
B) raise prices
C) increase sales
D) increase profits
D
Economics
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Under a proportional tax, the fraction of income paid in taxes
a. rises as income rises. b. is unchanged as income changes. c. falls as income rises. d. is proportional to the change in income.
Economics
An increase in the money supply is represented by a(n):
A. rightward shift of the downward-sloping money supply curve. B. upward shift of the money supply curve. C. rightward shift of the money supply curve. D. increase in the rate of interest.
Economics