If the unit cost of output for a car is $8000 and the price is $10,000 . what is the firms' markup over cost?
a. 125.0 percent
b. 25.0 percent
c. 80.0 percent
d. 11.1 percent
e. 20.0 percent
B
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Which of the following account for the largest portion of state and local government receipts?
A) Individual income taxes B) Corporate income taxes C) Miscellaneous taxes and fees D) Property taxes
Normally, we expect voters' preferences to exhibit a property called
a. transitivity. b. transversality. c. normality. d. universality.
In the Full Employment and Balanced Growth Act of 1978,
A. An unemployment goal of 4 percent was set, but no inflation goal could be set. B. The president set an inflation goal of 0 percent. C. Alan Greenspan set an inflation goal of 0 percent. D. Congress set an inflation goal of no more than 3 percent.
A country's GNP will definitely exceed its GDP if ________ foreign companies produce in the country and ________ of the country's companies produce abroad.
A. many; none B. no; many C. no; none D. many; many