Which of the following is TRUE of the cap-and-trade program in the United States?
A. The state of Texas is currently the only state in the U.S. that has not implemented a cap-and-trade program.
B. The United States implemented the cap-and-trade program immediately after signing the Paris Agreement on Climate Change in 2015.
C. All states in the U.S. have implemented a cap-and-trade program before the Paris Agreement on Climate Change in 2015
D. The state of California began a cap-and-trade program in 2013.
Answer: D
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For the top 1 percent of income distribution, the share of federal individual income taxes paid by households in this group in 2015 was ________ percent
A) 9 B) 17 C) 44 D) 68
In the above table, the marginal propensity to save when disposable income changes from $1,000 to $2,000 is
A) 0.1. B) 0.2. C) 0.8. D) -0.2.
Macroeconomics:
A. is concerned with the expansion of a small business into a large corporation. B. is narrower in scope than microeconomics. C. analyzes mergers and acquisitions between firms. D. is concerned with the expansion and contraction of the overall economy.
A difference between a proprietorship and a partnership is that
A) a proprietorship is easy to form while a partnership is hard to form. B) a proprietorship has only one owner while a partnership has only two owners. C) a partnership allows for specialization while a proprietorship does not. D) the profits in a proprietorship are taxed only once while in a partnership they are taxed twice.