Which of the following is a major reason for offshoring?
a. Increased global demand for services,
b. Greater worldwide competition,
c. The gradual diminishing of global technological advances,
d. All of the above are reasons for offshoring.
.B
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Which of the following policies is likely to generate the smallest increase in national saving?
A) an increase in income taxes B) an increase in consumption taxes C) a cut in government transfer payments D) None of the above policies will increase national saving.
The deductibility of state and local taxes at the federal level _____
a. biases states against raising property taxes b. increase the amount of federal taxes paid c. reduces the marginal cost of paying state and local taxes d. raises the costs of paying state and local taxes
What does the GDP gap measure?
In 2017, approximately what percent of adults in the United States had not graduated from high school?
A. 4% B. 20% C. 15% D. 2% E. 8%