Flat taxes are more equitable than graduated tax schedules.
A. True
B. False
C. Uncertain
C. Uncertain
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The marginal product is the incremental change in total output that can be obtained from the use of one more unit of an input in the production process, while holding constant all other inputs
a. True b. False Indicate whether the statement is true or false
In a market system, the most dangerous types of bankruptcies involve
a. industrial monopolies. b. multinational firms. c. employment agencies. d. financial institutions.
Explain what a mutual fund is and give an example of how they can help an investor diversify.
What will be an ideal response?
Unlike the practice in many other countries, in the United States:
A. the agency responsible for monetary policy is not directly controlled by the government. B. only monetary policy is used to influence the economy, and fiscal policy is not allowed. C. the agency responsible for fiscal policy is not directly controlled by the government. D. only fiscal policy is used to influence the economy, and monetary policy is not allowed.