The United States and __________ are two major markets-oriented systems
A) Germany
B) Japan
C) France
D) the United Kingdom
D
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What has been the main argument over recent efforts to replace the personal income tax with a value-added tax?
What will be an ideal response?
Indexation refers to
a. a process of adjusting the nominal interest rate so that it is equal to the real interest rate. b. using a law or contract to automatically correct a dollar amount for the effects of inflation. c. using a price index to deflate dollar values. d. an adjustment made by the Bureau of Labor Statistics to the CPI so that the index is in line with the GDP deflator.
The term institutions is commonly used to refer to:
A. development agencies. B. international groups. C. government bodies. D. All of these statements are true.
Income is a stock measure.
Answer the following statement true (T) or false (F)