The second largest source of revenue for the federal government is the
A. import tax.
B. payroll tax.
C. export tax.
D. federal property tax.
Answer: B
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Which of the following does not hinder economic development?
a. Lack of education b. Poor agricultural productivity c. Low investment in human capital d. Lack of technology e. Good nutrition
Leisure includes all of the following except
A) sleep. B) home yardwork. C) market work. D) recreational activities.
If loans are $300,000 . demand deposits are $600,000 . and the legal reserve requirement is 40 percent, then excess reserves are
a. $360,000 b. $240,000 c. $120,000 d. $60,000 e. $30,000
For a firm, the relationship between the quantity of inputs and quantity of output is called the
a. profit function. b. production function. c. total-cost function. d. quantity function.