The primary effect of an inheritance tax is _____
a. to encourage the liquidation of assets
b. provide significant government revenue
c. encourage capital formation
d. the encouragement of pre-death asset transfers
d
Economics
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When money demand is expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis, an increase in the interest rate
A. decreases the quantity demanded of money. B. does none of these answers. C. increases the quantity demanded of money. D. increases the demand for money. E. decreases the demand for money.
Economics
Bank runs are "contagious" in that they often spread to other banks
a. True b. False Indicate whether the statement is true or false
Economics