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

Economics

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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.

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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.

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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

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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

Economics