Which of the following is not a determinant of supply?
a. input prices
b. technology
c. tastes
d. expectations
c
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Refer to the scenario above. Which family pays the highest percentage of its income as tax if income taxes collected by the local government are regressive in nature?
A) The first household B) The second household C) The third household D) The fourth household
If the government cuts taxes ________
A) disposable income falls B) planned expenditures rise C) the IS curve shifts to the left D) all of the above E) none of the above
Looking at the table of the four types of goods, goods that are rival in consumption consist of ______ goods.
a. private and public
b. private and common
c. public and common
d. public and club
The largest net international lenders since 1980 have been
A. Russia and Saudi Arabia. B. the United Kingdom and France. C. the United States and china. D. Japan and Germany.