The United States currently has a progressive income tax structure

Indicate whether the statement is true or false


True

Economics

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If the Fed wants to increase the federal funds rate, it will conduct an open market operation in which it ________ government securities and thereby shifts the ________ curve ________

A) sells; RD; leftward B) sells; RS; rightward C) sells; RS; leftward D) buys; RD; rightward E) buys; RS; leftward The figure above shows the market for reserves.

Economics

Differences in productivity can actually benefit society even when this results in increases in income inequality

Indicate whether the statement is true or false

Economics

Which of the following represents the marginal cost of a soda? I. The opportunity cost of producing another soda. II. The minimum price someone is willing to pay for another soda

A) I only B) II only C) I and II D) Neither I nor II

Economics

Which of the following will NOT cause a shift in the demand for rewriteable DVDs?

A) a change in taste B) a change in income C) a change in the price of rewriteable DVDs D) a change in the price of rewriteable CDs

Economics