(1)
According to Mercantilists, trade is a :
Answer: Zero sum game.
Answer: Zero sum game.
Answer: increasing opportunity costs
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Answer: Ability to pay principle
Answer: All of the above
Answer: Borrowings of the government from the public
Answer: Fiscal policy
Answer: Total Social Sacrifice=Total Social Benefits
Answer: the person(s) legally responsible for paying the tax.
Answer: Only in the long run.
Answer: a rate of unemployment for which the change in the rate of inflation is zero.
Answer: All of the above
Answer: Business cycle phenomenon
Answer: Both (1) and (2)
Answer: 5%
Answer: Stock and flow equilibrium
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