Article I, Section 8, clause I of the federal Constitution requires that all "Duties, Imposts, and Excises shall be uniform throughout the United States." Hence, the Sixteenth Amendment to the U.S
Constitution (1913) was needed to grant constitutionality to the unequal taxation of land, its products and income. Indicate whether the statement is true or false
True
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Refer to the figure above. What is the quantity supplied in the market when the market is supplied by one firm?
A) 30 units B) 45 units C) 60 units D) 90 units
If the bank advertises 6 percent annual interest rate on a one-year certificate of deposit and you anticipate the rate of inflation to rise to 3 percent during the year, then the real rate of interest on the certificate of deposit is
A) 9 percent. B) 6 percent. C) 3 percent. D) 2 percent.
One possible reason that the country of Whatsis is trapped in poverty is
a. a lack of mineral wealth b. an honest and functional government c. laws and regulations to help detect fiscal fraud d. a free press e. a civil war
Suppose that MPL = 100 and MPK = 80. If W = 25 and R = 20, then a firm:
A. is producing its output at the lowest possible cost. B. could reduce costs by employing more labor and less capital. C. could reduce costs by employing more capital and less labor. D. could minimize costs by employing more of both inputs.