It is easier to avoid state and local taxes than federal taxes.

A. True
B. False
C. Uncertain


A. True

Economics

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Unemployment that is the result of recessions is called

A) frictional unemployment. B) cyclical unemployment. C) downtime unemployment. D) structural unemployment.

Economics

Which of the following types of economic data are revised over time as government data collection agencies receive more complete information?

A) interest rates B) employment C) stock prices D) all of the above

Economics

As the definition of products narrows (i.e., becomes more specific), the concentration ratio

A) is not valid. B) tends to decrease. C) tends to increase. D) does not change in any predictable manner.

Economics

An excise tax on gasoline causes

A) supply of gasoline to shift to the left. B) a reduction in the quantity of gasoline demanded. C) the market clearing price of gasoline to rise. D) All of the above are correct.

Economics