If There Is an Increase in Taxes on Business Firms

question 43

Multiple Choice

If there is an increase in taxes on business firms in a small open economy,it causes the current account to ________ and saving ________.

• A)fall;fall
• B)rise;remain unchanged
• C)fall;remain unchanged
• D)rise;fall

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Definitions:

Peripheral Vision

The portion of vision that occurs outside the direct line of sight, enabling humans to detect movement and objects around them without directly looking at them.

Rods

In the eye, rod-shaped receptors of light that are sensitive to intensity only. Rods permit black-and-white vision.

Newborns

Refers to infants from birth to about 2 months of age, characterized by rapid physical and neurological development.

Depth Perception

The ability to perceive the distance of an object and the spatial relationship between objects in the environment.