A head tax is an example of a proportional tax

Indicate whether the statement is true or false

F

Economics

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Economists will often argue that an individual trade barrier designed to help a particular industry will work even though on net it won't help the economy as a whole. Explain what this means

What will be an ideal response?

Economics

If the price level in the United States is 110, the price level is 135 in Mexico, and the nominal exchange rate is 12.5 pesos per dollar, what is the real exchange rate from the U.S. perspective?

A) 8.8 B) 10.2 C) 10.8 D) 11.4

Economics