The present value of net benefits (PVNB) is
a. found as (PVB – PVC)
b. equal to the ratio of PVB to PVC
c. equal to the ratio of PVC to PVB
d. not relevant to benefit-cost analysis
a. found as (PVB – PVC)
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Which of the following increases the supply of a good and shifts its supply curve rightward?
A) a smaller number of producers B) an increase in the price of the good C) a higher wage paid to workers in the industry D) a technological advance in how the good is produced E) an increase in the cost of the resources used to produce the good
When tax revenue ________ outlays is negative, then the government has a budget ________
A) minus; surplus B) divided by; surplus C) minus; deficit D) plus; deficit E) plus; surplus
What is the International Monetary Fund and what are its primary goals?
What will be an ideal response?
Which of the following is an example of a progressive tax?
a. The excise tax on cigarettes. b. The federal tax on gasoline. c. The federal personal income tax. d. All of these.