When the profits of a corporation are taxed and the dividends paid to stockholders are also taxed
A) the government is engaging in double taxation.
B) the government is engaging in capital gains taxation.
C) the government is engaging in regressive taxation.
D) the government is engaging in progressive taxation.
A
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An increase in the money wage rate leads to
A) a rightward shift of the aggregate supply curve. B) a downward movement along the aggregate supply curve. C) an upward movement along the aggregate supply curve. D) a leftward shift of the aggregate demand curve. E) a leftward shift of the aggregate supply curve.
Lizzie's budget line is shown in the figure above. If Lizzie's income is $20, which of the following formulas represents her budget equation?
A) QC = 20 + QM B) QC = 20 - QM C) QC = -20 + 2 QM D) QC = 20 - 2QM
"The money supply multiplied by velocity must equal GDP" is a statement of the
A) simple quantity theory of money. B) equation of exchange. C) modern quantity theory of money. D) all of the above
If the number of unemployed stays the same and the number of people in the labor force declines
A. The unemployment rate will rise. B. the unemployment rate will fall. C. the unemployment rate will stay the same. D. There is not enough information to determine what will happen to the unemployment rate.