Which of the following is most likely a private good?
A.) Police protection
B.) Cars
C.) Highways
D.) Parks
B.) Cars
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When the minimum marginal penalty for tax evasion is greater than the maximum marginal tax rate, theory suggests that tax evasion will be
A. greater than 1. B. ?. C. 0. D. 100.
Consider budget constraints A and B in the graph shown. The slope of A compared to the slope of B:
A. is steeper, showing that movie tickets are relatively more expensive in line A.
B. is flatter, showing that books are relatively less expensive in line A.
C. shows that the opportunity cost of books is smaller in line A.
D. shows that the opportunity cost of books is greater in line A.
A Finnish corporation builds a factory the produces ceiling fans in the United States. This is an example of Finish
a. foreign direct investment that increases Finnish net capital outflow. b. foreign direct investment that decreases Finnish net capital outflow. c. foreign portfolio investment that increases Finnish net capital outflow. d. foreign portfolio investment that decreases Finnish net capital outflow.
The graph below shows what happens when the Fed implements:
A. quantitative easing. B. precommitment policies. C. operation twist. D. credit easing.