55. Several politicians have proposed a \"guzzler\" tax that would be added to t

Question

55. Several politicians have proposed a "guzzler" tax that would be added to the cost of few miles per gallon vehicles. If enacted, this tax would most likely A. Increase U.S dependency on foreign oil supplies B. Reduce the equilibrium price C. Increase the equilibrium output D. Shift the supply curve (for automobiles) inward. E. Do all of these
16. True or false? When economists say that the demand for a product has increased, they mean that suppliers will be willing and able to offer more for sale at any given price.
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
79. 79. Which of the following statements about industrial countries is TRUE? A. The economies of industrial countries do not depend on one another. B. The economies of industrial countries are interdependent C. Powerful industrial countries can afford to ignore the economic policies of other countries D. Economic conditions in an industrial country are unique to that country and cannot spread to others E. The flow of funds from one industrial country to another is highly restricted.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
123. True or false? The Fed's ultimate goal is to grow GDP and have a low, steady rate of inflation, but it also aims to control intermediate targets like the growth of the money supply.
146. Which of the following is not one of the conclusions of the world bank study on globalization in the Asian tiger countries? A. The gap between rich countries and globalized developing countries has shrunk. B. Income inequality has not increased C. Multinational corporations have less power D. Economic growth has increased with globalization E. Poverty has been reduced
55. Several politicians have proposed a "guzzler" tax that would be added to the cost of few miles per gallon vehicles. If enacted, this tax would most likely A. Increase U.S dependency on foreign oil supplies B. Reduce the equilibrium price C. Increase the equilibrium output D. Shift the supply curve (for automobiles) inward. E. Do all of these
16. True or false? When economists say that the demand for a product has increased, they mean that suppliers will be willing and able to offer more for sale at any given price.
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
79. 79. Which of the following statements about industrial countries is TRUE? A. The economies of industrial countries do not depend on one another. B. The economies of industrial countries are interdependent C. Powerful industrial countries can afford to ignore the economic policies of other countries D. Economic conditions in an industrial country are unique to that country and cannot spread to others E. The flow of funds from one industrial country to another is highly restricted.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
123. True or false? The Fed's ultimate goal is to grow GDP and have a low, steady rate of inflation, but it also aims to control intermediate targets like the growth of the money supply.
146. Which of the following is not one of the conclusions of the world bank study on globalization in the Asian tiger countries? A. The gap between rich countries and globalized developing countries has shrunk. B. Income inequality has not increased C. Multinational corporations have less power D. Economic growth has increased with globalization E. Poverty has been reduced
55. Several politicians have proposed a "guzzler" tax that would be added to the cost of few miles per gallon vehicles. If enacted, this tax would most likely A. Increase U.S dependency on foreign oil supplies B. Reduce the equilibrium price C. Increase the equilibrium output D. Shift the supply curve (for automobiles) inward. E. Do all of these
16. True or false? When economists say that the demand for a product has increased, they mean that suppliers will be willing and able to offer more for sale at any given price.
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
79. 79. Which of the following statements about industrial countries is TRUE? A. The economies of industrial countries do not depend on one another. B. The economies of industrial countries are interdependent C. Powerful industrial countries can afford to ignore the economic policies of other countries D. Economic conditions in an industrial country are unique to that country and cannot spread to others E. The flow of funds from one industrial country to another is highly restricted.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
123. True or false? The Fed's ultimate goal is to grow GDP and have a low, steady rate of inflation, but it also aims to control intermediate targets like the growth of the money supply.
146. Which of the following is not one of the conclusions of the world bank study on globalization in the Asian tiger countries? A. The gap between rich countries and globalized developing countries has shrunk. B. Income inequality has not increased C. Multinational corporations have less power D. Economic growth has increased with globalization E. Poverty has been reduced
76. True or false? Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.
79. 79. Which of the following statements about industrial countries is TRUE? A. The economies of industrial countries do not depend on one another. B. The economies of industrial countries are interdependent C. Powerful industrial countries can afford to ignore the economic policies of other countries D. Economic conditions in an industrial country are unique to that country and cannot spread to others E. The flow of funds from one industrial country to another is highly restricted.
80. True or false? Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.
123. True or false? The Fed's ultimate goal is to grow GDP and have a low, steady rate of inflation, but it also aims to control intermediate targets like the growth of the money supply.
146. Which of the following is not one of the conclusions of the world bank study on globalization in the Asian tiger countries? A. The gap between rich countries and globalized developing countries has shrunk. B. Income inequality has not increased C. Multinational corporations have less power D. Economic growth has increased with globalization E. Poverty has been reduced 146. Which of the following is not one of the conclusions of the world bank study on globalization in the Asian tiger countries? A. The gap between rich countries and globalized developing countries has shrunk. B. Income inequality has not increased C. Multinational corporations have less power D. Economic growth has increased with globalization E. Poverty has been reduced

Explanation / Answer

55.  Several politicians have proposed a "guzzler" tax that would be added to the cost of few miles per gallon vehicles. If enacted, this tax would most likely. D. Shift the supply curve (for automobiles) inward.

16. When economists say that the demand for a product has increased, they mean that suppliers will be willing and able to offer more for sale at any given price.- true.

76. Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.- True.

79. Which of the following statements about industrial countries is TRUE?

A. The economies of industrial countries do not depend on one another.

80. Per capita income is the criterion by which the World Bank classifies countries into industrial and developing countries.- True.

123. The Fed's ultimate goal is to grow GDP and have a low, steady rate of inflation, but it also aims to control intermediate targets like the growth of the money supply. - True.

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