The filing status of a person who is legally married yet separated as a result of a messy impending divorce is likely to be
A. single.
B. married filing jointly.
C. single head of household.
D. married filing separately.
Answer: D
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A country can gain by importing a good from abroad even if that good can be produced more efficiently at home. Is this statement true?
What will be an ideal response?
In most cases, higher interest rates cause the velocity of M1 to
A) turn negative. B) move erratically. C) increase. D) decline.
A local flower grower grows products in a plot of land which is exceptionally colorful, and is admired by many passersby. There is no way to charge for this in the price of the flowers. We can safely conclude that
a. the florist produces too many flowers. b. the florist produces too few flowers. c. the florist produces the right amount of flowers. d. society pays the socially optimal amount for the flowers.
Tax creates a deadweight loss
What will be an ideal response?