An excise tax taxes individual income.
Answer the following statement true (T) or false (F)
False
An excise tax taxes products such as liquor, gasoline, and cigarettes.
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Which is true about dominant strategies in the game in Scenario 13.15?
A) $80 is dominant for Simple; $70 is dominant for Boring. B) $80 is dominant for Simple; $25 is dominant for Boring. C) $35 is dominant for Simple; $70 is dominant for Boring. D) $35 is dominant for Simple; $25 is dominant for Boring. E) There are no dominant strategies in the above game.
The Sherman Antitrust Act is primarily concerned with:
a. mergers. b. nationalization. c. price discrimination. d. monopolization. e. unfair and deceptive practices.
An example of a policy aimed at economic development that would also indirectly impact poverty would be:
A. food stamps. B. earned income tax credit. C. public investments in education. D. All of these will cause economic growth and positively impact poverty.
Net capital outflow (NCO) is:
A. domestic dollars invested internationally. B. capital outflow ? capital inflow. C. capital inflow ? capital outflow. D. foreign dollars invested domestically.