The economic boom between 2002 and 2006 was primarily a result of
a. a reduction in stock prices along with rising oil prices.
b. a sharp reduction in the real price of resources and wages.
c. an increase in both housing and stock prices.
d. an increase in both resource prices and interest rates.
C
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Refer to the Article Summary. Colorado taxes marijuana with a 12.9% sales tax on buyers and a 15% wholesale excise tax on producers, or a total tax of 27.9%
Suppose the actual burden of the tax falls 80 percent on consumers and 20 percent on producers. In this case, consumers will actually bear the tax burden of about ________ percent of the selling price and producers will actually bear the tax burden of ________ percent of the selling price. A) 80; 20 B) 13; 15 C) 46; 54 D) 22; 6
Who reports the official U.S. unemployment rate?
a. the U.S. Treasury Department b. the U.S. Federal Reservethe c. U.S. Bureau of Labor Statistics d. unemployment collection offices
In the text, economics is defined as the science of
a. money and business. b. choices. c. scarcity. d. price. e. individuals' actions.
Direct consumer payments for healthcare
What will be an ideal response?