If the tax on each Snicker's bar is 10 percent of its price, than that tax is a
a. sales tax
b. unit tax
c. corporate tax
d. progressive tax
e. estate tax
A
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In the figure above, the United States ________ airplanes per year
A) imports 500 B) exports 500 C) exports 400 D) imports 400 E) exports 200
The money demand curve shifts to the right when
a. there is an increase in the riskiness of interest-bearing assets. b. there is a decrease in the interest rate. c. income decreases. d. income increases. e. both a and d.
The market demand curve for a private good is the horizontal sum of individual consumer demand curves. In contrast, once a public good is produced, it is available to all consumers in an identical amount. Thus the market demand curve for a public good is the vertical sum of individual consumer demand curves
Indicate whether the statement is true or false
A dividend is:
A. an agreement in which a lender gives money to a borrower in exchange for a promise to repay the amount loaned plus an agreed-upon amount of interest. B. a financial asset that represents partial ownership of a company. C. a payment made periodically to all shareholders of a company. D. a promise by the bond issuer to repay the loan, at a specified maturity date, and to pay periodic interest at a specific percentage rate.