U.S. monetary policy in the early 1980s reduced the inflation rate by more than half

For the U.S. economy, which of the following represents the largest component of GDP?

A) imports B) investment C) government spending D) exports E) none of the above

You are impressed with a $60,000 Porsche and decide to buy one yourself. You end up paying a 20 percent customs duty and 10 percent in sales tax. These taxes are

a. progressive and related to your income b. proportional and related to your income c. regressive and related to your income d. progressive and unrelated to your income e. regressive and unrelated to your income