The ultimate distribution of a tax burden is called tax incidence.
Answer the following statement true (T) or false (F)
True
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What do you think are the most serious obstacles to further progress in the developing world?
What will be an ideal response?
The unemployment that is caused by changes in the economy, such as shifts in manufacturing techniques, increased use of computers and electronic machines, and increases in the production of services instead of goods, is called
A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) natural unemployment.
In the 1970s, why did the short-run Phillips curve fail to depict the unemployment–inflation trade-off?
What will be an ideal response?
The discount rate is
A) the interest rate banks charge each other for overnight loans. B) the interest rate banks charge their best customers. C) the interest rate the Fed charges to banks for loans from the Fed. D) the interest rate the U.S. Treasury pays on Treasury Bills.