Which of the following statements is true?
A) A nation's institution comprises of the rules and regulations in the nation, while a nation's culture comprises of the saving habits of its citizens.
B) A nation's culture comprises of both the saving habits of its citizens and the rules and regulations in the nation.
C) A nation's culture comprises of both the ongoing tax rate and the rules and regulations in the nation.
D) A nation's culture comprises of the ongoing tax, while a nation's institutions comprises of the rules and regulations in the nation.
A
You might also like to view...
The Sugar Act (1764):
a. decreased the tariff that had been established by the Molasses Act. b. was designed to raise revenue for England. c. was more vigorously enforced than the Molasses Act. d. was designed to support England's mercantilist goals. e. All of the above.
Use the following consolidated balance sheet for the commercial banking system to answer the next question.AssetsLiabilities + Net WorthReserves$120,000Checkable deposits$300,000Loans140,000Stock shares200,000Securities40,000 Property200,000 If the reserve requirement is 10%, then the maximum amount by which this commercial banking system can expand the supply of money by lending is
A. $120,000 billion. B. $300,000 billion. C. $900,000 billion. D. $600,000 billion.
The two biggest items of the U.S. federal government revenue that together account for over approximately 80 percent of total federal government revenue are
A) personal income taxes and Social Security taxes. B) personal income taxes and corporate income taxes. C) personal income taxes and sales taxes. D) corporate income taxes and Social Security taxes. E) corporate income taxes and property taxes.
One of the ways of coping with the principal-agent problem is
A) giving orders. B) providing incentive pay. C) shirking. D) using only short-term contracts.