Refer to Table 11.1. At the equilibrium level of output, y*, what is the level of imports?
A) 266.25 B) 356.25 C) 1065.00 D) 1425.00
A
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The instructions and rules for the alternative minimum tax are generally
A. far easier to understand than the instruction and rules for the 1040. B. no more or less difficult to understand than the instructions and rules for the 1040. C. far easier to understand than the instruction and rules for the 1040EZ. D. much more complicated than the instructions and rules for the 1040.
Money must be ________ which includes the fact that is should ________
A) generally accepted as a means of payment; be recognizable and divisible into small parts B) backed by gold; not decrease in value over time C) whatever is used in a barter system; transferable across countries' borders D) accepted as a means of payment across countries' borders; not be fiat money E) in physical form; not be transferable using electronic means
States with no-fault automobile insurance have lower crash fatality rates than states with ordinary automobile insurance
Indicate whether the statement is true or false
The vertical intercept of the consumption function that represents the portion of consumption expenditure not associated with a level of disposable income is known as:
a. zero income intercept. b. disposable income intercept. c. autonomous consumption. d. automatic consumption line.