In Progress and Poverty (1879), Henry George argued for:
A. A progressive income tax
B. A heavy tax on land-rent income
C. A flat tax
D. A subsidy for land
B. A heavy tax on land-rent income
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Refer to Table 2-2. According to the law of comparative advantage, both Honduras and Nicaragua could gain if
a. Honduras produced all of the apples and oranges and Nicaragua did not produce anything. b. Honduras specialized in producing apples, Nicaragua specialized in producing oranges, and they traded. c. Honduras specialized in producing oranges, Nicaragua specialized in producing apples, and they traded. d. Nicaragua and Honduras were both were self-sufficient and did not trade.
The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city. The market is efficient when the quantity of steel produced is ________ tons per week
A) 5 B) 10 C) 15 D) 20 E) 25
There has been a massive relocation of heavy industry from the U.S. Northeast and upper Midwest to the "Sun Belt."
Indicate whether the statement is true or false
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.