If two families are equally situated except that one rents and the other owns their home, the existing tax system will lead to

a. vertical inequity.
b. equal treatment of both.
c. horizontal inequity.
d. equal burden sharing.


c

Economics

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Use the figure below to answer the following question. For which graph is the supply perfectly inelastic?

A. graph 1 B. graph 2 C. graph 3 D. graph 4

Economics

The slope of the line in the above figure is

A) 8. B) 0.05. C) 0.125. D) 0.10.

Economics

For the courts, being too big a firm in an industry can be sufficient grounds, using the per se criterion, to charge the firm with violating antitrust laws

Indicate whether the statement is true or false

Economics

Structural unemployment arises when

a. marginal productivity of labor becomes zero. b. there is a cyclical change in the economy. c. jobs are eliminated by changes in the economy. d. people change their jobs.

Economics