The three major revenue sources for the federal government in order of decreasing percentages are individual income taxes, corporate taxes, and social security insurance
a. True
b. False
Indicate whether the statement is true or false
False
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As interest rates fall, the
A) promised payments of bonds fall. B) face values of bonds fall. C) price of bonds rises. D) price of bonds falls.
Assume a subsidy to buyers has been enacted in the market in the graph shown. With the subsidy, the producers sell _____ units and receive _____ for each of them.
A. 100; $46
B. 100; $30
C. 150; $40
D. 150; $24
Which country was among the lowest ranking by the World Bank for effective protection of property rights and rule-based governance?
a. South Korea b. Venezuela c. Central African Republic d. Iran
Figure 5-16
In Figure 5-16, a decrease in the price of apples will
a.
shift Adam's budget constraint out.
b.
make Adam's budget constraint steeper.
c.
shift Adam's indifference curves out.
d.
make Adam's budget constraint flatter.