Reduction or elimination of dividend taxes is designed, in part, to
A) reduce the double taxation burden on individuals.
B) make rich people richer.
C) reduce inefficiencies in the production process.
D) increase corporate tax levels.
A
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Claims that economic agents have against banks are known as:
A) assets. B) capital. C) deposits. D) liabilities.
Which of the following would be directly counted in GDP for 2015?
A) windows purchased from Pella in 2015 to be installed in a house built in 1945 B) windows built in 1945 which were salvaged from a 1945 house and are going to be used in a newly-built house C) windows built in 1945 which were salvaged from a 1945 house and are going to be used in a house built in 1950 D) none of the above
This factor contributes to the winner's curse
a. your estimate of the value of the object was not the most optimistic b. your bid was not the highest c. there were many other bidders that you beat out d. you shaded your bid too much
If the benefits of X = $50 and the price of X = $50, then
A. you will be indifferent between buying X and keeping your money. B. $0 is the reservation price. C. $100 is the reservation price. D. you should buy X.