The majority of federal taxes are levied on ______,
a. property
b. income
c. usage
d. sales
b. income
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A higher rate of saving at the national level will, in the long-run ________
A) cause a decrease in levels of capital and output B) have no effect on levels of capital and output C) lead to an increase in population growth D) cause an increase in levels of capital and output
All of the following are examples of product-specific services except which one?
A) displaying a product B) offering the lowest price for the product C) demonstrating a product D) providing information about the product
In terms of efficiency, any point on a production possibilities frontier is as good another
a. True b. False Indicate whether the statement is true or false
Criticisms of the ECB center on its primary focus on ______ with less (but perhaps more needed) focus on _______.
A) unemployment and GDP growth; exchange rates B) exchange rates; inflation problems C) price stability; unemployment and GDP growth D) political cohesiveness; price stability