Refer to the information provided in Figure 32.1 below to answer the question(s) that follow.
Figure 32.1Refer to Figure 32.1. The tax rate that will ________ is associated with Point B.
A. maximize tax revenue
B. maximize unemployment
C. minimize tax revenue
D. minimize inflation
Answer: A
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Based on the table above, the CPI for 2013 is
A) 100. B) 105.1. C) 98.5. D) 5.0%. E) 102.5.
If there is an increase in the expected future U.S. exchange rate, there is
A) an upward movement along the demand curve for dollars. B) a downward movement along the demand curve for dollars. C) a leftward shift of the demand curve for dollars. D) a rightward shift of the demand curve for dollars.
The total utility from consuming five donuts is 9, 19, 30, 38, and 45 utils, respectively. Marginal utility begins to diminish after consuming the ____ donut
a. first b. second c. third d. fourth
When he was 18, Hussam put $100 into an account at an interest rate of 8 percent. He now has $158.69 in this account. For how many years did Hussam leave this money in his account?
a. 5 years b. 6 years c. 7 years d. 8 years