The payroll tax represents
a. the largest source of revenue in the federal budget.
b. the second largest source of revenue in the federal budget.
c. the third largest source of revenue in the federal budget.
d. the largest source of revenue in state government budgets.
b
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Refer to the figure below. Player B can infer that Player A will:
A. choose Down when B chooses Left and choose Up when B chooses Right. B. always choose Up. C. always choose Down. D. choose Up when B chooses Left and choose Down when B chooses Right.
By Marks buys a one-year German government bond (called a bund) for $400. He receives principal and interest totaling $436 one year later
During the year the CPI rose from 150 to 162, but he had thought the CPI would be at 159 by the end of the year. By Marks had expected the real interest rate to be ________, but it actually turned out to be ________. A) 8%; 1% B) 6%; 3% C) 3%; 1% D) 1%; 3%
The above figure shows supply and demand curves for apartment units in a large city. If the city government passes a law that establishes $350 per month as the legal maximum rent, producer surplus will be
A) d. B) d + e. C) d + g. D) d + c + g.
Which term refers to a rule that every imported product must be opened by hand and inspected with a magnifying glass, by one of just three government inspectors available at any given time?
a. a non-tariff barrier b. a quota c. a government bureaucracy d. an import quota