Table 7.1 exemplifies the principle of

A) diminishing returns. B) marginal costs.
C) full employment equilibrium. D) real vs. nominal costs.

A

Economics

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Private capital flows in the form of both direct and portfolio investment began to return to Latin America after 1989, effectively marking the end of the Lost Decade

Indicate whether the statement is true or false

Economics

Harun earned $50,000 in salary and paid $10,000 in federal taxes. If he receives $2,000 in interest payments from municipal bonds,

A. his marginal tax rate will be about 19.2 percent. B. his average tax rate will fall. C. his marginal tax rate will remain constant. D. his marginal tax rate will be 20 percent.

Economics