Which of the following statements is correct?

a. Both tax avoidance and tax evasion are legal.
b. Both tax avoidance and tax evasion are illegal.
c. Tax avoidance is legal, whereas tax evasion is illegal.
d. Tax avoidance is illegal, whereas tax evasion is legal.

c

Economics

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When the Fed wants US interest rates to decrease, it will usually increase the discount rate

a. true b. false

Economics

In 1860, the Republican Party formed a coalition of anti-slavery voters that elected Abraham Lincoln to the presidency. Members of this coalition included all of the following groups except:

a. Northwestern farmers. b. Irish and German immigrants. c. Producers who were economically linked by the Northern Gateway. d. Large property owners in New Mexico and Utah.

Economics