When the federal government discovers that its tax revenues have fallen short of its planned spending, interest-bearing IOUs are printed and sold on the market by
a. the Federal Reserve
b. the FDIC
c. the Treasury Department
d. Congress
e. Department of Commerce
C
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Marxism's ultimate goal is for ____________ ____________
Fill in the blank(s) with the appropriate word(s).
Which of the following is true?
a. Changes in personal costs and benefits will exert a predictable impact on the choices of human decision makers. b. Only direct monetary costs matter in making decisions. c. If a good is provided free to an individual, its production will not consume valuable scarce resources. d. Secondary effects are seldom of importance in economics.
What percentage of American families pay more payroll tax than they pay in income tax?
A. 40. B. 60. C. 75. D. 80.
As a percentage of GDP, the national debt consistently
A. fell from 1950 until 1990. B. rose from 1950 to 1960, but not thereafter. C. rose from 1975 to 1995. D. rose from 1950 to 1975.