The question "What is the best tax base?" is a normative question.
Answer the following statement true (T) or false (F)
True
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Classical growth theory proposes that real GDP growth is ________ and that real GDP per person will ________ the subsistence level
A) permanent; temporarily be above B) permanent; always be above C) temporary; temporarily be above D) temporary; be above and below
If Target were to merge with Wal-Mart, this would be referred to as a(n)
A) horizontal merger. B) vertical merger. C) conglomerate merger. D) anti-competitive merger.
Under the Articles of Confederation,
a. only the federal government could issue paper money. b. only the federal government had the power to levy taxes. c. the federal government was ultimately responsible any debts incurred by the states. d. the federal government had a difficult time negotiating military and economic treaties with other nations. e. All of the above.
Advocates of nudge policy argue that these policies are libertarian because they:
A. enhance happiness and therefore liberty. B. correct market distortions. C. change incentives without forcing people to make particular decisions. D. leave people free to make their own choices.