Since the end of World War II, corporate income taxes have accounted for
A. an increasing share of federal revenue.
B. a steady share of federal revenue.
C. a declining share of federal revenue.
D. a rising share of revenue until 1980, and then a falling share.
Answer: C
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If real GDP has increased, which of the following statements is always true?
A) Nominal GDP has increased. B) Output has increased. C) Prices have remained the same. D) Output might have decreased if prices have risen enough.
In the classical theory of employment, a rise in the rate of interest will
A. increase saving and decrease investment. B. decrease saving and increase investment. C. increase saving and investment. D. decrease saving and investment.
In 2007, which of the following U.S. firms showed the first indication of significant problems in the financial sector?
A. AIG B. Bear Stearns C. J.P. Morgan Chase D. Lehman Brothers
"Black men have become less useful in the emerging economic order; they are socially unwanted, superfluous, and marginal." This view was expressed by
A. Kathryn Edin and Laura Lein. B. Charles Murray and Mickey Kaus. C. William Darity and Samuel Myers. D. Barbara Ehrenreich and Frances Fox Piven.