The U.S. Social Security tax is an example of a
A. proportional tax.
B. regressive tax.
C. premium tax.
D. progressive tax.
Answer: B
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Which of the following helps in preventing firms in the U.S. from forming collusive agreements?
A) The low demand faced by colluding firms B) The antitrust policy of the government C) The high rate of corporate income taxes D) The low profit earned by firms after colluding
Supply-restricting policies are intended to __________ prices and __________ farmers' revenues
A) lower; increase B) lower; reduce C) raise; increase D) raise; reduce
A free-trade area is:
a. a group of countries that agrees there will be "no rules" about trade—anything goes. b. a group of countries that agrees to eliminate customs fees and containerized shipping charges on goods traded among them. c. a group of countries that agrees to eliminate barriers to trade between themselves while keeping tariffs in place against the rest of the world. d. a group of countries that eliminates trade barriers among themselves and erects a common tariff against all other nations
What are the components of M2?
What will be an ideal response?