Which of the following is not true of tax loopholes?

A. They reduce the progressivity of the federal income tax.
B. They encourage particular patterns of behavior.
C. They include exemption of interest earned on municipal bonds.
D. They reduce excess burdens.


Answer: D

Economics

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What will be an ideal response?

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One of the assumptions of the Gordon Growth Model is that dividends will continue growing at ________ rate

A) an increasing B) a fast C) a constant D) an escalating

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The aggregate supply curve in the classical model is

A) horizontal. B) vertical. C) upward sloping. D) downward sloping.

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A firm that exists as a separate legal being is

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