During the quarter of a century prior to 2000 . between 66 percent and 71 percent of Americans age 18 and older paid personal income taxes. What happened to the share of adult Americans with a personal income tax liability between 2000 and 2009?
a. It rose to nearly 90 percent.
b. It rose to approximately 80 percent.
c. It was virtually constant at approximately 70 percent.
d. It fell to 51 percent.
D
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Which of the following statements is true?
A. American poverty is defined by homelessness and malnutrition. B. Approximately 25 percent of Americans live in poverty. C. American poverty is less severe than global poverty. D. American poverty standards are below world poverty standards.
Distribution control can be accomplished through all but which one of the following methods?
A. Expensive gifts at Christmas. B. Predatory pricing. C. Long-term supply contracts. D. Selective discounts.
In the prisoner's dilemma, both players have an incentive to cheat, even though they would both be better off if they both cooperated.
a. true b. false
An important determinant of comparative advantage is:
A. diversity in climate and natural resources. B. endowment of financial capital. C. low governmental barriers to trade. D. well established governmental regulations on trade.