What taxes will be used to help pay for the PPACA?
What will be an ideal response?
Taxes to pay for the PPACA come from: (a) a 0.9 percentage-point tax on Medicare for high-income earners; (b) a 3.8 percentage-point tax on capital gains for high-income earners; (c) a 40 percent tax on employers who offer high-premium health care policies for individuals or families; (d) a 2.9 percent excise tax on medical devices; and, (e) a 10 percent tax on indoor tanning.
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One type of demander in the loanable funds market
A) lends funds to purchase financial capital. B) lends funds to purchase physical capital. C) wants physical capital in order to purchase financial capital. D) wants funds to purchase financial capital. E) wants funds to purchase physical capital.
If an economy is allocatively efficient, it must be producing
A) beyond its production possibilities frontier. B) inside its production possibilities frontier. C) on its production possibilities frontier. D) the goods and services that are the most expensive. E) the goods and services that are the least expensive to produce.
If the business taxes decreased for a firm, then we might expect investment spending to:
A. remain constant. B. decrease. C. increase. D. there is not enough information to determine what would happen.
A monopolistically competitive firm
a. charges a price that is equal to marginal cost. b. experiences a zero profit in the long run. c. produces at the efficient scale in the long run. d. All of the above are correct.