Which of the following is the largest source of revenue for the federal government?
A. corporate income tax
B. payroll tax
C. personal income tax
D. user charges
Answer: C
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The table above shows the marginal costs and marginal benefits of college education. If 20 million students are enrolled, the marginal external benefit is
A) zero. B) $4,000. C) $5,000. D) $7,000.
A firm will tend to select the least costly input combination to produce its output.
Answer the following statement true (T) or false (F)
Real business cycle theorists are critical of monetarist reduced-form evidence because they believe
A) money is the most important cause of changes in aggregate demand. B) there is reverse causation from the business cycle to money. C) there is reverse causation from money to the business cycle. D) business cycles do not exist.
Which countries are among the highest-rated nations on the Gender Development Index?
a. Niger, Mali, Saudi Arabia, and Iran b. Canada, the U.S., Israel, China, and Kenya c. France, Japan, Brazil, and the U.S. d. Norway, Iceland, Sweden, Australia, and the U.S