Monetizing the debt is a way of turning debt into money and reducing the burden of the debt

If Jayla's tax liability increases from $10,000 to $16,000 when her income increases from $30,000 to $40,000, her marginal tax rate is

a. 33 percent. b. 35 percent. c. 50 percent. d. 60 percent.

The law of diminishing marginal returns explains the general shape of the firm's

a. long-run cost curves. b. short-run cost curves. c. both short-run and long-run cost curves. d. The law of diminishing returns has nothing to do with cost curves.