A decrease in the price level will reduce business confidence and cause a decrease in equilibrium GDP
a. True
b. False
B
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According to projections for 2016 by the Tax Policy Center, the 20 percent of U.S. taxpayers who make the highest incomes
A) pay about 92 percent of federal income taxes but only about 20 percent of Social Security and Medicare payroll taxes. B) pay more in excise and other taxes than they pay in Social Security and Medicare payroll taxes. C) pay almost 69 percent of federal income taxes. D) use loopholes and tax exemptions to reduce their share of federal income taxes to less than 20 percent.
Most of the loanable funds available to the World Bank to lend to developing nations come from
A) the sale of oil. B) developing nations. C) the world's wealthiest nations. D) the sale of international bonds that are issued by the World Bank.
In Japan most garbage is
a. either recycled or burned b. recycled c. burned d. deposited in landfills e. used for fuel
What is meant by a subprime mortgage?
What will be an ideal response?