Which of the following statements is true?
A. The capital-gains tax rate was nearly 40 percent during 2003-2012 in the U.S.
B. The capital-gains tax rate reached its all-time low during the 1970s in the U.S.
C. The incomes of the top 1 percent were likely overstated in early 2000s in the U.S.
D. The capital-gains tax rate reached its all-time low during 2003-2012 in the U.S.
Answer: D
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The table above shows data reported by the Office for National Statistics for the United Kingdom in September 2000. In September 2000, the labor force participation rate is
A) 34.8 percent. B) 40.3 percent. C) 63.1 percent. D) 58.3 percent. E) 59.7 percent.
A United States government patent lasts
A) forever. B) 50 years. C) 20 years. D) 7 years.
Medicare subsidizes or provides health care to the poor and medicaid provides health care to the elderly
a. True b. False Indicate whether the statement is true or false
Under perfect competition, a technological advance
a. shifts the market demand curve leftward, decreasing market price b. shifts the market supply curve rightward, decreasing market price c. shifts the market demand curve rightward, increasing market price d. shifts the market supply curve leftward, increasing market price e. causes unpredictable shifts in supply and demand