If tax policies become less favorable, then
A. The AD curve will shift to the left.
B. The AD curve will shift to the right.
C. There will be a movement to the right along the AD curve.
D. The AD curve will not be affected.
Answer: A
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Additional economic growth should be pursued when:
A. scarcity exists. B. new technologies are discovered. C. the marginal costs of growth are less than the marginal benefits. D. the marginal costs of growth exceed the marginal benefits.
In 2001-2002, the fast food industry underwent tremendous growth
Indicate whether the statement is true or false
Double taxation refers to the negative feature of
a. all businesses in the United States b. sole proprietorships c. corporations d. the federal and state tax systems e. partnerships
The cost of repositioning an automobile gas tank for greater safety is $11 per vehicle for 12.5 million vehicles. It is expected that 180 deaths will occur if the gas tank location is not redesigned. If a human life can be valued at $500,000, the expected benefit of redesigning the location of the gas tank is:
A. $900,000,000. B. $550,000,000. C. $90,000,000. D. $5,500,000.