Tax paid on income from a rental property represents _____
a. a consumption tax
b. double taxation
c. progressive taxation
d. estate taxation
b
Economics
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The purchasing power parity predicts that if US price level rises relative to the Mexico price level, then
a. Dollar value will rise relative to the peso b. Dollar value will fall relative to the peso c. There is no effect on either currency d. PPP predicts price level will normalize in the long-run
Economics
Money market deposit accounts are included in:
A. M1 only. B. M2 only. C. neither M1 nor M2. D. both M1 and M2.
Economics