Income taxes are taxes paid on wages and investment income.
Answer the following statement true (T) or false (F)
True
Economics
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The variable used by economists as the best broad indicator of a nation's standard of living is
A) real GDP per person. B) real GDP. C) the capital-labor ratio. D) the capital-output ratio. E) multifactor productivity.
Economics
Economies of scale in nuclear power plants exist because of
A) more efficient plant management. B) a better understanding of the plant's idiosyncrasies, or learning-by-doing. C) nuclear power technology changes. D) both A and B.
Economics
Ceteris paribus means "other things constant."
a. True b. False
Economics
Exports as a function of national income show how exports change with the level of a country's gross national product
a. True b. False Indicate whether the statement is true or false
Economics