It is likely that people will work less when the marginal tax rate is
A. 91 percent.
B. 2 percent.
C. 26 percent.
D. 30 percent.
Answer: A
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A trade deficit can be financed by all of the following except
a. a surplus in the capital account. b. a surplus in the official reserves transaction account. c. selling U.S. assets to foreigners. d. U.S. citizens buying foreign stocks and bonds.
All of the following are exempt from antitrust laws EXCEPT
A) labor unions. B) professional baseball. C) oil companies. D) public utilities.
The table below shows the marginal benefit and marginal cost of purchasing an additional unit of 3 different public goods. Marginal benefitMarginal costTotal spending on the public goodPublic good 1$20$20$1,500Public good 2$15$25$800Public good 3$10$5$700 The government is spending the socially optimal amount on:
A. public good 3. B. public good 1. C. public good 2. D. public good 1 and public good 2.
___ contains the information or meaning the source hopes to convey
Fill in the blank(s) with the appropriate word(s).