If VAT rates rise, then costs are likely to ___ and demand is likely to ____?

Related Mcqs:

Since 1998 many government have defined unemployment using ?

A. a labour force survey. B. the number out of work and claiming benefit C. the percentage of the labour force not in work D. the ILO/OECD standardised unemployment measurement...

If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

A. rise; falls; rise; deficit B. falls; rises; falls; surplus C. falls; falls; falls; surplus D. is static; low; rises; deficit...

Floating exchange rates are ____ in the short run?

A. stable B. predictable C. volatile D. depreciating...

Government policies that focus on increasing production rather than demand are called ?

A. fiscal policies B. monetary policies C. supply-side policies incomes policies...

perfect international capital mobility suggests that international funds will be responsive to ________ differentials?

A. current account B. interest rate C. tax D. price...