Utility payments and tuition fees are examples of ______.
a. property tax
b. user charges
c. federal grants
d. sales tax
b. user charges
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In the United States during the 1930s
A) government spending decreased and taxes increased, resulting in a fiscal contraction. B) government spending and taxes both decreased, resulting in a net fiscal contraction. C) government spending increased and taxes decreased, resulting in a fiscal expansion. D) government spending and taxes both increased, resulting in zero net fiscal expansion.
Income is more unequally distributed:
a. than wealth b. today than it was 40 years ago c. at a point in time than over the course of a lifetime d. both b. and c.
If a binding price floor is imposed on the market for eBooks, then
a. the demand for eBooks will decrease. b. the supply of eBooks will increase. c. a surplus of eBooks will develop. d. All of the above are correct.
It would always be a mistake to view
a. many species of animals as common resources. b. a road as a public good. c. national defense as a common resource. d. a fireworks display as a public good.