‘The U.S. tax code gives preferential treatment to investors in municipal bonds. This is an example of
a. a tax loophole.
b. tax evasion.
c. an administrative burden.
d. tax enforcement.
a
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According to the Application, economist John B. Taylor found that the temporary tax cuts which were a part of the 2009 stimulus package
A) were primarily used to pay off home mortgage balances. B) were split very evenly between consumption spending and household saving. C) were very successful in stimulating consumption spending. D) did very little to stimulate consumption spending.
If Sally decides to go to the boxing match, what is Sam's best response
a. Go to the ballet b. Go to the boxing match c. Run away d. Hide
According to the law of supply, the quantity supplied is _____ related to price, other things constant.
A) inversely B) negatively C) directly D) indirectly E) never
The Condorcet paradox tells us that, even though it is impossible to satisfy all of Arrow's properties of a desirable voting system, pairwise majority voting will always satisfy transitivity
a. True b. False Indicate whether the statement is true or false