In what type of analysis will an increase in the tax rate always lead to an increase in tax revenues?
A) ad valorem taxation
B) excise taxation
C) dynamic tax analysis
D) static tax analysis
D
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Imports are goods and services bought domestically
A) and resold at a profit. B) and not subject to tariffs. C) and produced domestically. D) but produced in other countries.
The main argument in favor of Fed independence is that
A) interest rates would probably be lower if Congress controlled the Fed; thus hurting savers. B) the Constitution requires it. C) monetary policy is too important and too technical to be determined in the political arena. D) congressional control of the Fed was tried during the 1960s and did not work well.
To differentiate between nominal GDP and real GDP in the year 2000 we need to know all except
a. the quantity of goods produced in 2000 b. the price level in 2000 c. the quantity of goods and services produced in the base year d. the quantity of services produced in 2000 e. the price level in the base year
When does a woman experience lactation?
A. During fertilization B. After ovulation C. During labor and delivery D. After childbirth