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73. True or false? Monetary policy refers to the manipulation of taxes and expen

ID: 1211081 • Letter: 7

Question

73. True or false? Monetary policy refers to the manipulation of taxes and expenditures.
74. Macroeconomists tend to focus on A. The national economy B. Individual consumer behavior C. Some regional economic segment of the United States D. The operations of a particular producer E. International trade
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
81. A sole proprietorship is a business form in which A. The owner enjoys unlimited liability and unlimited rights to all the profits B. A government issued charter has established its legal existence C. The owner is prohibited from selling shares of stock D. Shareholders are the rightful owners of the company. E. The owner is protected against failure of the firm to pay its debt.
82. An import constitutes a A. Trade agreement between two industrial countries B. Sale goods and services to another country C. Purchase of goods and services from another country D. Business transaction between domestic firms E. Tariff on foreign merchandise 73. True or false? Monetary policy refers to the manipulation of taxes and expenditures.
74. Macroeconomists tend to focus on A. The national economy B. Individual consumer behavior C. Some regional economic segment of the United States D. The operations of a particular producer E. International trade
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
81. A sole proprietorship is a business form in which A. The owner enjoys unlimited liability and unlimited rights to all the profits B. A government issued charter has established its legal existence C. The owner is prohibited from selling shares of stock D. Shareholders are the rightful owners of the company. E. The owner is protected against failure of the firm to pay its debt.
82. An import constitutes a A. Trade agreement between two industrial countries B. Sale goods and services to another country C. Purchase of goods and services from another country D. Business transaction between domestic firms E. Tariff on foreign merchandise 73. True or false? Monetary policy refers to the manipulation of taxes and expenditures.
74. Macroeconomists tend to focus on A. The national economy B. Individual consumer behavior C. Some regional economic segment of the United States D. The operations of a particular producer E. International trade
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
81. A sole proprietorship is a business form in which A. The owner enjoys unlimited liability and unlimited rights to all the profits B. A government issued charter has established its legal existence C. The owner is prohibited from selling shares of stock D. Shareholders are the rightful owners of the company. E. The owner is protected against failure of the firm to pay its debt.
82. An import constitutes a A. Trade agreement between two industrial countries B. Sale goods and services to another country C. Purchase of goods and services from another country D. Business transaction between domestic firms E. Tariff on foreign merchandise

Explanation / Answer

73. False because fiscal policy is related to government spending and taxation rather than monetary policy.

74. A. The national economy

81. A. The owner enjoys unlimited liability and unlimited rights to all the profits

82. C. Purchase of goods and services from another country

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