A sales tax is an example of:
A. a specific tax.
B. an ad valorem tax.
C. a lump sum tax.
D. an income tax.
B. an ad valorem tax.
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The nominal interest rate plus the inflation rate equals the real interest rate
Indicate whether the statement is true or false
Refer to the information provided in Figure 1.3 below to answer the question(s) that follow.
Figure 1.3Refer to Figure 1.3. The slope of the line between Points B and D is
A. -3. B. -0.33. C. 0.33. D. 3.
Bonds are a __________ liquid asset than other loans because they _____________.
A. more; are standardized B. more; are guaranteed from default by the government C. less; are standardized D. less; are guaranteed from default by the government
If the level of prices and output are compatible with both buyers' and sellers' intentions, then the policy goals are satisfied.
Answer the following statement true (T) or false (F)