Which recent president raised taxes when the income tax share of GDP was very low?
A. George W. Bush
B. Ronald Reagan
C. Barack Obama
D. Bill Clinton
Answer: D
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Common property is
A) a resource that everyone is free to use as much as they want. B) property that belongs to both spouses in a marriage. C) property owned by a group such as a club or a church. D) generic property as opposed to specific property.
Marginal, average, and total figures are bound together. If any two are known, the third can be calculated
a. True b. False Indicate whether the statement is true or false
The text notes that many firms that use animals in production or advertising adopt the animal treatment standards of the American Society for Prevention of Cruelty to Animals. Why do companies adopt a professional group's standard of behavior?
What will be an ideal response?
If a recession were the result of monetary policy, we should observe:
A. inflation increasing as output decreases. B. a high rate of money growth. C. inflation slowing as output falls. D. potential output decreasing.