A tax rebate
A. Increases the incentive to work and invest.
B. Has the same impact as a decrease in marginal tax rates.
C. Does not affect aggregate demand.
D. Does not affect aggregate supply.
Answer: D
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The first step in measuring the CPI is to
A) select the market basket. B) conduct a monthly survey. C) collect prices for the basket of goods and services. D) interview businesses.
Why were Thomas Malthus' fears of increasing impoverishment for Europe and America unfounded?
What will be an ideal response?
A 2005 U.S. Supreme Court ruling was considered very controversial because the justices cited international opinion regarding
a. human trafficking. b. undocumented immigrants. c. abortion. d. the death penalty.
The most rapid expansion in the use of electricity was in the period from
A. 1900-1910. B. 1910-1920. C. 1920-1930. D. 1930-1940.