The federal government collects taxes on
A. real capital gains.
B. nominal capital gains.
C. real capital losses.
D. nominal capital losses.
Answer: B
You might also like to view...
For the money expansion process to produce the maximum potential multiplier effect
A) all loans of a given bank have to be deposited in that bank. B) the Fed has to sell government bonds to back up the loans. C) the required reserve ratio has to be 100 percent. D) all loans from banks have to be redeposited throughout the banking system.
The productivity slowdown of the 1970's occurred:
A. only in the U.S, the United Kingdom, and Japan. B. only in the U.S. and the United Kingdom. C. only in the U.S. D. around the world.
In international trade, if a country has a "comparative advantage" in a product this means:
a. it is relatively more efficient than other countries in making the product b. it is relatively less efficient than other countries in making the product c. it is equally efficient as other countries in making the product d. it should import the product rather than export it
Fiscal policy is the set of central bank policies, institutions, and bank behavioral patterns governing the availability of bank checking deposits and currency in circulation.
Answer the following statement true (T) or false (F)