Public housing is an example of
A. Money income.
B. In-kind income.
C. Personal expenditure.
D. Free goods.
Answer: B
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Monetary policy has a greater impact in an open economy than it does in a closed economy
Indicate whether the statement is true or false
Which of the following is an example of price discrimination?
a. Seniors paying a lower price for tickets at movie theatres b. Students paying discounted rates on travel c. Tourists paying higher prices on local attractions than locals d. All of the above
The manager of the sales department (a profit center) at Harvey's HVAC, decides to outsource any sales training that the division needs since in house training is expensive, even though the outsourced training does not cover the company's repair and warranty information from the service department. Does the Sales department have enough information to make the right decision?
a. No b. Yes c. Uncertain d. None of the above
Which of the following is the largest source of revenue for the federal government?
A. corporate income tax B. payroll tax C. personal income tax D. user charges