Approximately what percentage of the federal government's tax revenues are generated from personal income taxes (in 2012)?
A. 85 percent.
B. 18 percent.
C. 35 percent.
D. 46 percent.
Answer: D
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Incomes policies are based on discretionary monetary and fiscal policies
a. True b. False Indicate whether the statement is true or false
The National Industrial Recovery Act, passed in 1933, was an attempt to
a. break monopolies and cartels, and introduce competition into several different industries. b. fix prices, wages, and quotas for several industries in an effort to keep prices high. c. lower corporate taxes and remove collusive behavior in an effort to keep U.S. firms competitive with foreign manufacturers. d. create a stable economic environment that would encourage investment and expansion in the industrial sector of the economy.
The supply of money is determined by the Federal Reserve and is dependent on the demand for money
Indicate whether the statement is true or false
The certainty equivalent of a gamble is negative when tastes are risk loving.
Answer the following statement true (T) or false (F)