Poll taxes are:
A. a way to disenfranchise the poor.
B. used to disenfranchise those groups even when the right to vote exists.
C. a tax that must be paid in order to cast a vote.
D. All of these are true.
Answer: D
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If Huedepool Beer runs into financial difficulty, the stockholders as
a. part owners of Huedepool are paid before bondholders get paid anything at all. b. part owners of Huedepool are paid after bondholders get paid. c. creditors of Huedepool are paid before bondholders get paid anything at all. d. creditors of Huedepool are paid after bondholders get paid.
If expected inflation increases, which of the following shifts right?
a. both the short-run and the long-run Phillips curves b. the short-run but not the long-run Phillips curve c. the long-run but not the short-run Phillips curve d. neither the long-run nor the short-run Phillips curve
The assumption underlying economic theory is that
A) people respond only to negative incentives, not to positive ones. B) choices are affected by incentives. C) value judgments do not play a role in the economic decisions people make. D) money is the only incentive that matters.
Which of the following is NOT an example of a good or service provided by a market?
A. Metered street parking in Sacramento, California B. Pizza in Toledo, Ohio C. The air we breathe D. Illegal sports betting