Which of the following government entities relies most heavily on sales taxes?

A. Local government
B. State government
C. Federal government
D. The Social Security Administration


Answer: B

Economics

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A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores' sales volume fail to meet expectations. This is because

a. The consultants are paid per store and not just profitable store locations b. The consultants are paid per store and hence choose the best locations c. The consultants would always choose the best locations d. None of the above

Economics

The most significant expansion of Medicaid since its inception occurred in 1997 and is referred to as

a. SCHIP. b. SHIP. c. TANF. d. AFDC.

Economics

If C = 2000 + .9YD, what decrease in taxes must occur for equilibrium output to increase by 1000?

A) 111 B) 100 C) 1000 D) 500

Economics

A market with many sellers, some influence over price, low barriers to entry, a differentiated product, and non-price competition often taking the form of advertising is known as

A) perfect competition. B) monopolistic competition. C) oligopoly. D) monopoly.

Economics