Since the 1960s, development proceeded without many natural resources in
A. Canada.
B. Japan.
C. Saudi Arabia.
D. all of the options are correct.
Answer: B
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The payroll tax rate is 12.4% on an amount of income adjusted annually for inflation called the wage base (e.g., $97,500 for the year 2007). Half of the tax is withheld from the employee's pay with the other half being paid by the employer
How might this tax be viewed as regressive?
The large number of banks in the United States is an indication of
A) vigorous competition within the banking industry. B) lack of competition within the banking industry. C) only efficient banks operating within the United States. D) consumer preference for local banks.
Too-big-to-fail policy
What will be an ideal response?
Which of the following is included in M2 but not in M1?
a. currency b. demand deposits c. savings deposits d. All of the above are included in both M1 and M2.