Refer to Table 8-17. What is nominal GDP in 2011?
A) $3,320 B) $3,690 C) $6,360 D) $7,035
A
Economics
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Refer to the above table. Suppose the firm hires 5 workers and the price of the good sold is $3. The marginal factor cost of labor must be
A) $3. B) $100. C) $300. D) $900.
Economics
Filing a fraudulent income tax return that understates income or overstates deductions is known as
a. tax evasion b. logrolling c. tax avoidance d. rent seeking e. profiteering
Economics