________ and ________ are the largest sources of revenue collected by the federal government
A) Individual income taxes; corporate income taxes
B) Individual income taxes; social insurance taxes
C) Excise and other taxes; individual income taxes
D) Corporate income taxes; excise and other taxes
B
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Assume that a British investor buys a one-year U.S. Treasury bill that pays 6 percent annual interest. Given a yield of 4 percent on a comparable British Treasury bill, the U.S. dollar must depreciate 2 percent against the British pound during the year for interest rate parity to hold
a. True b. False Indicate whether the statement is true or false
Other things the same, an increase in taxes with no change in government purchases makes national saving
a. rise. The supply of loanable funds shifts right. b. rise. The demand for loanable funds shifts right. c. fall. The supply of loanable funds shifts left. d. fall. The demand for loanable funds shifts left.
With a call option that is described as in the money:
A. the option has been exercised. B. the market price of the stock is below the strike price. C. the market price of the stock is above the strike price. D. the market price of the stock equals the strike price.
Explain why a firm's shut-down decision does not incorporate the fixed costs of the production facility.
What will be an ideal response?