Tax evasion is more likely to occur when people feel that their tax dollars are not being used properly.

A. True
B. False
C. Uncertain


C. Uncertain

Economics

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Use the following graphs for a perfectly competitive market in the short run to answer the next question.The graphs suggest that in the long run, assuming no changes in the given information,

A. buyers will leave the industry. B. more buyers will come to the market. C. some firms will exit from this industry. D. new firms will enter the industry.

Economics

A housecleaning company receives $25 for each house cleaned. The table below gives the relation between the number of workers and the number of houses that can be cleaned per week. Based on the above info, if the wage rate of a housecleaner is $130, what is the maximum amount of profit the company can earn?

A. $750 B. $230 C. $150 D. $ 20 E. none of the above

Economics

Which of the following are exempt from the antitrust laws?

A) colleges and universities B) all professional athletes C) labor unions D) deregulated industries

Economics

If the economy is on the steep part of its aggregate supply curve, expansionary policy will mostly increase the price level.

Answer the following statement true (T) or false (F)

Economics