The theoretical effects of taxation on portfolio composition are ambiguous.
A. True
B. False
C. Uncertain
A. True
You might also like to view...
A public good
A. is available to all and cannot be denied to anyone. B. is characterized by rivalry and excludability. C. can be profitably produced by private firms. D. produces no positive or negative externalities.
Household consumption as a percentage of GDP in the United States is
A) less than that in other high-income countries. B) greater than that in low-income countries. C) equal to that in middle-income countries. D) greater than the average for countries around the world.
Part of the appeal of gold as a medium of exchange is that it is indivisible
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. If society has over-allocated resources to a particular activity, then the marginal benefits of the activity would be less than the marginal costs. 2. A nation's production possibilities curve shows the maximum combinations of resources that a nation can use. 3. A reduction in the unemployment rate will cause the nation's production possibilities curve to shift outwards. 4. Economic growth is shown as an increase in production from inside the production possibilities curve out toward a point on the possibilities curve.