Tax laws do not give preferential treatment to some kinds of retirement saving
a. True
b. False
Indicate whether the statement is true or false
False
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Specifically targeted tax credits are simple and can save administrative costs
Indicate whether the statement is true or false
Changes in business inventories are counted as part of gross private domestic investment
Indicate whether the statement is true or false
If licensing restrictions are used to limit imports, this is an example of a:
A. Non tariff barrier. B. Tariff. C. Trade deficit. D. Quota.
Related to the Economics in Practice on p. 10: Prior to joining the glee club, Anjelica spent most of her free time studying in the library. Once she joined the glee club, Anjelica spent her free time hanging out in karaoke bars with other glee club members. This change in behavior is best described by
A. the ceteris paribus error. B. the post hoc ergo prompter hoc fallacy. C. the fallacy of logic. D. the problem of peer effects.