Discretionary fiscal policy works by shifting the aggregate demand curve
a. True
b. False
Indicate whether the statement is true or false
True
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The Jones family has an average tax rate of 15 percent. Its marginal tax rate is
A. less than 15 percent. B. 15 percent. C. more than 15 percent. D. impossible to find.
In the figure at? right, the area of rectangle ABHG represents the? monopolist's
A. maximized total revenue.
B. average total profits
C. total costs
D. maximized economic profits
Which of the following sellers is most able to perfectly price discriminate?
A) a college or university B) the post office C) a clothing store D) a grocery supermarket
Between 1800 and 1940, the U.S. birthrate fell steadily. Factors contributing to this downward trend include:
a. urbanization. b. rising female employment. c. compulsory schooling d. declining infant mortality. e. all of the above.