The best single indicator of a person's purchasing power over time is income
Indicate whether the statement is true or false
T
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Double taxation of corporate earnings means
A. for individuals who get dividends on personal income, tax rates are twice as high as for wage earners. B. stockholders pay personal income taxes and corporation taxes on profits. C. stockholders do not get the plowback but still pay taxes on it. D. the corporation tax raises stock prices so individuals also pay a capital gains tax in addition to a tax on dividends.
Savings for an economy is equal to:
A. private savings ? public savings. B. public savings ? private savings. C. private savings + public savings. D. investment ? net exports.
Laws that governments enact to regulate prices are called price barriers.
Select whether the statement is true or false. A. True B. False
In general, what does a labor union feel about productivity changes that shift the MRP curve to the right?
a. threatened b. unhappy c. delighted d. nothing e. angry