Ordinary income is taxed at a higher rate than capital gains
a. True b. False
a
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The local barber in a small town has decided to raise the price of his haircuts by 25% because he realizes he is the only barber in town and of course "everyone has to get a haircut"
His rational is that the demand for his services is price inelastic? What mistake is he making?
The graph shown best represents:
A. a market for an inferior good. B. a non-binding price floor. C. a non-binding price ceiling. D. a missing market.
If C = $1,000 + 0.8(Y) and intended investment is $4,000 . then the equilibrium level of national income will be
a. $3,200 b. $25,000 c. $7,778 d. $13,200 e. $14,000
In 2013, plowback accounted for approximately ____ of corporate financing while new stock sales accounted for approximately ____
a. $2 trillion; $384 billion b. $65 billion; $1 trillion c. $1 trillion; negative $65 billion d. negative $65 billion; $1 trillion