For central governments is most OECD countries,
a) business taxes are the largest source of government revenue
b) Social Security contributions are smaller than taxes for other transfer programs
c) taxes on property income are the major source of government revenue
d) direct taxes on households raise more revenue than corporate taxes
e) lotteries generate more revenue than taxes
d) direct taxes on households raise more revenue than corporate taxes
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Comment on the following statement: "In economics, investment means a wide variety of things including purchases of stocks, bonds, and other financial assets."
What will be an ideal response?
When monetary policy reduces interest rates,
A. The income for retired people increases. B. The money supply curve decreases. C. Income is redistributed from lenders to borrowers. D. The construction industry is negatively impacted.