An unexpected fall in car sales should send bond prices __________ and stock prices __________
A) up; up
B) up; down
C) down; up
D) down; down
B
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The producer of compliments may want to advertise them together
Indicate whether the statement is true or false
Because the marginal tax rate rises as income rises,
a. higher income families, in general, pay a larger percentage of their income in taxes. b. lower income families, in general, pay a larger percentage of their income in taxes. c. a disproportionately large share of the tax burden falls upon the poor. d. higher income families pay the same percentage of their income in taxes as lower-income families.
If the CPI is 100 in the base year and 108 in the current year, how much did prices rise between the base year and the current year?
A) 8 percent B) 108 percent C) 1.08 percent D) 0.08 percent E) ?80 percent
Basic supply and demand analysis can be used to explain how externalities lead to environmental problems.
Answer the following statement true (T) or false (F)