An example of a consumption tax is
A) an income tax. B) transfer payments.
C) the Social Security tax. D) a sales tax.
D
You might also like to view...
If the federal government tries to make fiscal policy sustainable by increasing seigniorage, the economy would experience ________ and will result in ________ potential GDP
A) a decrease in the growth rate of the money supply; lower B) an increase in the growth rate of the money supply; higher C) an increase in inflation; lower D) a decrease in the real interest rate; higher
The unemployment rate among African American workers in the United States is higher than that among white workers
a. True b. False Indicate whether the statement is true or false
There is no cost of using your own savings in your business
a. True b. False Indicate whether the statement is true or false
Which of the following statements is true?
A) Individuals who have never been the best at doing anything cannot have a comparative advantage in producing any product. B) Individuals who have never been the best at doing anything can still have a comparative advantage in producing some product. C) Individuals who have never been the best at doing anything perform all tasks at a higher opportunity cost than others. D) Individuals who have never been the best at doing anything must have an absolute advantage in at least ones task.