Interest payments to the bank from those who have received bank loans are one of the main sources of revenue for a commercial bank
a. True
b. False
Indicate whether the statement is true or false
True
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What are the two important programs in practice in America that strongly resemble a negative income tax?
Suppose in some country that the first $5,000 of interest income is exempt from income tax. If the government then removed this exemption
a. the interest rate and investment would rise. b. the interest rate would rise and investment would fall. c. the interest rate would fall and investment would rise. d. the interest rate and investment would fall.
The unemployment rate is defined as the number of
A) unemployed people divided by the number of employed people. B) unemployed people divided by the sum of the people employed and the people unemployed. C) employed people divided by the number of people in the country. D) unemployed people divided by the number of people in the country who are employed. E) unemployed people divided by the number of people in the country.
The difference between the total amount that producers would have been willing to accept for the total quantity produced in a market and what they actually received at the market clearing price is called
A) production excess. B) excess demand. C) market surplus. D) producer surplus.