The significance of the corporate income tax as a percentage of federal revenues has _____
a. declined since 1960
b. declined since 1983
c. remained constant since 1960
d. increased until 1960 and fallen since then
a
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Even when a particular monetary asset is not performing one of the functions of money well, people still use the asset because
A) once an asset is defined as money it is always money. B) people expect money will come back at a later date. C) they have no choice. D) it is still easier than relying on barter.
Inequality within countries has been __________, and inequality between countries has been _________ in recent decades.
A. increasing; decreasing B. increasing; increasing C. decreasing; increasing D. decreasing; decreasing
Status-quo bias is:
A. a person's choice being influenced by others' opinions. B. a reluctance to make active decisions to change something, even if it is fairly easy to do so. C. not overcome in the SMarT program because saving is not the default option. D. All of these statements are true.
One reason given for the U.S. productivity slowdown in the period from 1973 to 1995 was
A. declining energy prices. B. increasing energy prices. C. increasing investment spending. D. increasing government spending.