The type of tax receipts that has shown the largest growth since the end of World War II has been
A) personal taxes.
B) contributions for social insurance.
C) taxes on production and imports.
D) corporate taxes.
B
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Which of the following statements is true of Black Wednesday?
A) Following Black Wednesday, the British pound became less valuable relative to the German mark. B) Currency traders who had borrowed pounds to buy German marks incurred huge losses due to Black Wednesday. C) The British government earned enormous profits by selling foreign currency reserves following Black Wednesday. D) Following Black Wednesday, the British pound became more valuable relative to the German mark.
Suppose you came across the following headline in a story of a daily newspaper: "Automobile prices are so high right now that there must be a shortage. As a consequence not everyone who needs an automobile will be able to buy one
" Is this statement necessarily correct?
Refer to the figure above. Quota rents equal
A) $2000. B) $5000. C) $6000. D) $10000.
If the reserve ratio is designated by "r," the amount of deposits a bank can hold as excess reserves is equal to 1 / (1 - r).
Answer the following statement true (T) or false (F)