Keynesian economists see the quantity theory of money as proof that money cannot influence how much we produce, but does influence the prices of the goods we produce
Indicate whether the statement is true or false
F
Economics
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The largest percentage of federal income tax revenue in the United States is paid by the
A) middle income taxpayers. B) highest income taxpayers. C) lowest income taxpayers. D) All groups of taxpayers—low income, high income and middle income—pay the same percent of federal income taxes.
Economics
Which was the deepest recession in the United States before the recession of 2008-09?
A) 1978-1979 B) 1981-1982 C) 1990-1991 D) 2001
Economics
For small armies, a volunteer army would be less costly
a. True b. False
Economics
Based on the table for the federal tax burden, which earners pay more than 20% of their income in federal taxes?
a. the bottom 20%
b. all but the bottom 20%
c. the third 20%
d. the highest 20%
Economics