Prior to 1980, thrift institutions in the United States were allowed to offer checking accounts
a. True
b. False
Indicate whether the statement is true or false
False
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In reference to the federal income tax system, a tax bracket is
A) the income range within which a tax rate applies. B) the estimated amount of federal income tax firms withhold from their employees' paychecks. C) the formula the federal government uses to determine the dollar amount of the personal exemption and the amounts taxpayers are allowed for deductions from their incomes. D) used to determine the average tax rate.
On a one-dollar bill the letter in the middle of the seal indicates the
a. currency printing batch b. year of planned removal from circulation c. district bank issuing the bill d. legal reserve requirement e. type of paper used
One feature of the GATT and now the WTO is that all member nations get the same treatment from their trading partners in terms of trade rules and restrictions. This provision is called:
a. beggar thy neighbor. b. the good neighbor policy. c. rotating obligations. d. most favored nation status.
The concentration and Herfindahl indices computed by the U.S. Bureau of Census must be interpreted with caution because:
A. they may overstate the actual level of concentration in markets served by foreign firms. B. the definition of product classes used to define an industry affects the results. C. they may understate the degree of concentration in local markets. D. All of the statements associated with this question are correct.