Which of the following statements is not true?
What will be an ideal response?
Public goods are only provided by government.
Economics
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To increase income by $120 when the slope of the curve showing the relationship between your income and work hours is 8, how many extra hours will you need to work?
A) 8 B) 15 C) 112 D) 960
Economics
A customs duty is
a. not a tax b. a progressive tax with respect to income c. a regressive tax with respect to income d. a proportional tax with respect to income e. a proportional tax with respect to wealth
Economics
When economists are trying to explain the world, they are
a. scientists. b. policy advisers. c. in the realm of microeconomics rather than macroeconomics. d. in the realm of normative economics rather than positive economics.
Economics
Make a list of expenditures whose sum equals GDP
Economics