Growth in the Solow residual was slowest in the
A) 1950s.
B) 1960s.
C) 1970s.
D) 1980s.
C
Economics
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Explain the income and substitution effects.
What will be an ideal response?
Economics
Refer to the above figure. At a price of two cents, the quantity of bubble gum demanded will be
A. 4. B. 3. C. 2. D. 5.
Economics
When income is $15,000, the amount of income income taxes owed is $2,000; when income increases to $20,000, the amount owed increases to $3,000. The marginal tax rate in this case is
A. 20 percent. B. 15 percent. C. 13.3 percent. D. 25 percent.
Economics
If a state government wants to collect the maximum tax revenue from a unit excise tax, which of the following would they tax?
A) cigarettes B) beef hamburgers C) luxury cars D) hotdogs
Economics