Which one of the following interest groups would gain from the imposition of a quota on United States steel imports?
A. United States firms that build skyscrapers of steel and glass.
B. Steelworkers in Pennsylvania and Ohio.
C. United States industries that use farm equipment and machine tools.
D. Foreign producers who sell steel in the United States.
B. Steelworkers in Pennsylvania and Ohio.
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The health care system in the United States is referred to as ________, a system where private doctors and hospitals provide almost all health care services
A) a single-payer system B) a universal health insurance system C) socialized medicine D) a private health care system
Using the scenario above explain how this could have happened?
What will be an ideal response?
Suppose we shopped for a basket of goods in 2000 and it cost $350 . Suppose the same basket of goods adds up to $385 in 2001 . If we use 2000 as a base year, what would be the 2001 CPI?
a. 35 b. 90 c. 100 d. 110 e. 135
Compute the tax rates for the three taxpayers shown in Table 33.1. Then use the table to answer the indicated question.TaxpayerIncome (Dollars)Taxable Income (Dollars)Taxes Paid (Dollars)Effective Tax Rate(Percent)Nominal Tax Rate(Percent)1$200,000$100,000$6,000________%________%2100,00080,0008,000________%________%360,00048,00012,000________%________%In Table 33.1, the nominal tax rate for taxpayer 2 is
A. 8.0 percent. B. 12.5 percent. C. 25.0 percent. D. 10.0 percent.