Which of the following taxes is collected only by the federal government?
A) Corporate income tax
B) Social insurance tax
C) Property tax
D) Excise tax
B
Economics
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If the price level remains constant but the wage rate increases, then there will be __________ in production and the SRAS curve will shift __________
A) an increase; rightward B) a decrease; rightward C) an increase; leftward D) a decrease; leftward
Economics
Which of the following is not one of the three critical characteristics of efficient property rights?
A) Externality B) Transferability C) Exclusivity D) Enforceability
Economics