An example of direct finance would be when
A) a person purchases a certificate of deposit from a bank.
B) a person buys a life insurance policy.
C) a person buys 100 shares of stock from a corporation.
D) a bank makes a loan to a customer.
C
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Native-born workers may not be harmed by immigration if:
A. They are complementary resources to immigrant workers B. They are substitute resources to immigrant workers C. Demand for their labor is elastic D. Immigrants remit their earnings to their home countries
When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic,
a. buyers of the good will bear most of the burden of the tax. b. sellers of the good will bear most of the burden of the tax. c. buyers and sellers will each bear 50 percent of the burden of the tax. d. both equilibrium price and quantity will increase.
Which of the following is most likely to help the residents of a nation produce more goods and services and achieve higher income levels?
What will be an ideal response?
With a negative income tax providing a minimum of $20,000 and a tax rate of 25 percent, what amount of supplement would the government pay to a household earning $10,000?
A. $5,000 B. $10,000 C. $17,500 D. $20,000