With regard to GDP, residential property taxes are an example of ____ taxes
a. variable
b. sales
c. fixed
d. disposable
c
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Discuss the role of more "transparency" in reducing the risk of financial crisis
What will be an ideal response?
There exist only two causes of monopoly: barriers to entry and government restrictions
a. True b. False Indicate whether the statement is true or false
Suppose real GDP was 120 in year 1 and 156 in year 2. The growth rate of real GDP is:
A. 5.6 percent. B. 18 percent. C. 30 percent. D. 36 percent.
Unlike the traditional mortgage amortization schedule, "negative-amortization" mortgages permit the
A. value of the house to depreciate during the early years of the mortgage. B. outstanding balance to increase over a part of the life of the mortgage. C. principal payments to grow at a constant rate during the early years of the mortgage. D. mortgage payments to exceed the accrued interest during the early years of the mortgage.