Kelly earns $72,000 per year from her fashion boutique. If the government increases the rate of tax from 12 percent to 15 percent, then her annual disposable income would:
a. increase by $2,160
b. decrease by $2,160.
c. increase by $10,800.
d. decrease by $10,800.
b
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Refer to the figure above. Which of the following combinations is attainable as well as efficient?
A) B B) C C) D D) E
How has the pattern of trade changed in the United States since 1960? What are the types of goods that are causing the shift in the balance of imports and exports in the United States?
What will be an ideal response?
Which group is responsible for the policy decision of changing the money supply?
A. Federal Open Market Committee B. Office of Management and Budget C. Thrift Advisory Council D. Federal Advisory Council
Which of the following is an example of a good that is excludable and nonrivalrous?
a. A fishery. b. Cable television. c. Over the air television broadcasts. d. Disney World.