Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 32, Problem 18RQ

In low-income countries, does it make sense to argue that most of the people without long-term jobs are unemployed?

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China is a leader in international trade, has one of the highest GDPs, and currently holds the largest foreign exchange reserve in the world. Is it fair for China to fix its currency by undervaluing it on the market? How does keeping its currency undervalued give it a favorable position in international trade? What about from the viewpoints of international companies and consumers?
Explain the requirements of the states that have enacted legislation to protect taxpayers from predatory tax return preparers and tax refund advances.

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Principles of Economics 2e

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