Studies have shown that maximum tax revenues occurred in Sweden at marginal income tax rates between ______.
a. 10 and 20 percent
b. 40 and 50 percent
c. 70 and 80 percent
d. 90 and 100 percent
c. 70 and 80 percent
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Changes in interest rates affect all four components of aggregate demand
Indicate whether the statement is true or false
Exports are goods and services that are produced:
A. in other countries and consumed domestically. B. domestically and consumed in other countries. C. and consumed in other countries. D. and consumers domestically.
The terms "long-run view" and "classical view" can be used interchangeably
a. True b. False
Which of the following is not an example of a compensating differential?
a. Chris is a consultant who is paid more than other workers with similar skills because he is required to travel 80% of the time. b. Abby is a teacher who is paid less than other workers with similar skills because she does not have to work during the summer months. c. Ben is a businessman who is paid more than other workers with similar skills because he graduated from a prestigious university with honors. d. Daphne is a skyscraper window-washer who is paid more than other workers with similar skills because of the risk she faces in her daily job.