Evidence on inheritance and current income shows
A) very little relationship between the two
B) that a little inheritance boosted incomes substantially
C) that few individuals receive inheritances
D) that very few people inherit more than $10,000
Answer: B) that a little inheritance boosted incomes substantially
Economics
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Which of the following is NOT related to fiscal policy?
A) increasing government expenditures B) decreasing marginal tax rates C) passage of new securities laws D) reducing the budget deficit
Economics
In the importing country, the most likely effect of a tariff on a good is to:
A) raise the price and decrease the quantity demanded. B) raise the price and increase the quantity demanded. C) raise the price without affecting the quantity demanded. D) decrease the quantity supplied.
Economics