Henry George thought that
A. landowners deserve the economic rent that their land holdings provide.
B. a single tax on land equal to the unearned surplus that landowners receive would pay for all needed government.
C. economic inefficiency would result from a tax on the unearned surplus that landowners receive annually.
D. landowners bear most of the costs associated with economic growth.
B. a single tax on land equal to the unearned surplus that landowners receive would pay for all needed government.
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As the marginal propensity to consume ________, the value of the multiplier increases
A) decreases slightly B) is constant C) increases D) decreases
A Business Wire report shows that sales at Target stores increased in 2012 compared to the previous year. (Source: Business Wire, August 30, 2012 ) Incomes grew slightly between 2011 and 2012
Using that fact and the sales data given above means that Target definitely is selling goods and services that A) are normal. B) are inferior. C) have an income elasticity of zero. D) have an income elasticity of 1.
Construction workers at times face high rates of unemployment because their work is both seasonal and subject to wide swings over the business cycle
a. True b. False Indicate whether the statement is true or false
Since 2005, our savings as a percentage of personal disposable income has averaged a little over ______%.
A. 1 B. 2 C. 4 D. 6