State and local governments generate most of their revenues through
A. Inventory and excise taxes.
B. Corporate profit taxes.
C. Sales and property taxes.
D. Income taxes.
Answer: C
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The above figure shows the production possibility frontier for an economy. The point or points that are attainable and production efficient are
A) points B and C. B) points A, B, and C. C) point E. D) points A, B, C, and D. E) points A and D.
Which of the following is NOT a benefit of derivatives?
A) risk sharing B) guaranteed minimum profit C) liquidity D) information services
All of the following except ____ are shortcomings of cost-benefit analysis
a. difficulty in measuring third-party costs b. difficulty in measuring third-party benefits c. failure to consider the time value of benefits and costs d. difficulty of accounting for program interactions e. a and b
If the annual interest rate is 5 percent,
a. $100 saved today will be worth $105 after one year b. $90 saved today will be worth $100 after one year c. $100 saved today will be worth $5 after one year d. $99 saved today will be worth $100 after one year e. $100 saved today will be worth $1,000 after one year