Social Security contributions are part of
A. indirect taxes.
B. reverse taxes.
C. payroll taxes.
D. excise taxes.
Answer: C
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Which of the following statements is false?
A) Each country as a whole is made better off as a result of international trade, but individuals within each country may be made worse off. B) Within each country, some individuals are made better off as a result of international trade, but one of the countries will be worse off overall. C) Although some individuals may not be made better off as a result of international trade, both countries may be made better off overall. D) Not all individuals in both countries are made better off as a result of international trade.
How can the Fed reduce the implicit tax on banks resulting from reserve requirements?
A) lowering the discount rate B) paying interest on reserves C) reducing the federal funds rate D) increasing the federal funds rate
When Canadian firms outsource accounting services to the United States, in markets for the labor of accountants,
A) equilibrium employment and the market clearing wage rate will both increase in Canada, but equilibrium employment and the market clearing wage rate will both decrease in the United States. B) equilibrium employment and the market clearing wage rate will both decrease in Canada, but equilibrium employment and the market clearing wage rate will both increase in the United States. C) equilibrium employment and the market clearing wage rate will both increase in Canada and in the United States. D) equilibrium employment and the market clearing wage rate will both decrease in Canada and the United States.
If people expect the price of shorts to rise next month, the demand for shorts will
a. decrease now. b. increase now. c. stay the same now and increase next month. d. stay the same now and decrease next month. e. stay the same now and next month.