Which of the following statements does not describe the Keynesian standard of tax efficiency?

A. An efficient tax encourages full employment.
B. An efficient tax encourages price-level stability.
C. An efficient tax encourages economic growth.
D. All of the above describe the Keynesian standard of tax efficiency.


Answer: D

Business

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An important reconciliation in the payroll system is

a. general ledger compares the labor distribution summary from cost accounting to the disbursement voucher from accounts payable b. personnel compares the number of employees authorized to receive a paycheck to the number of paychecks prepared c. production compares the number of hours reported on job tickets to the number of hours reported on time cards d. payroll compares the labor distribution summary to the hours reported on time cards

Business

During the responding stage you do all of the following EXCEPT

a. forming your opinions on the message. b. providing feedback. c. communicating our thoughts and feelings about the message we’ve received. d. reacting to the message.

Business

A group of friends decided to start their own custom clothing firm with the resources and abilities they have. Steven is really good at applying formulas to solve complex problems that involve numbers. Bobby excels at combining specific data into general conclusions. Richie is able to study stock market data and predict how the market fluctuations will affect an industry. These people believe that they can build a great future, and they are working hard toward their goals. From the information provided, Richie can be described as having a high degree of

A. spatial orientation. B. visualization. C. speed and flexibility of closure. D. response orientation. E. originality.

Business

In Dayan v. McDonald's Corporation, the court ruled that:

A) McDonald's quality standards were inadequate under French law B) the McDonald's franchise contract was illegal under French law. C) McDonald's had fulfilled its responsibility to the franchisee in France under U.S. law. D) the French do not like hamburgers.

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