After implementation of the Single European Act, value added taxes in the EU were
A) completely harmonized.
B) unchanged.
C) partially harmonized with minimum and maximum permissible values set by the EU.
D) eliminated except on a few items in each country.
E) cut in half in order to increase the role of corporate taxes.
C
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The arrival of Michael Jordan, Larry Bird, and Magic Johnson in the 1980s increased the popularity of pro basketball. This led to
a. an increase in the supply of professional basketball b. an increase in the demand for professional basketball c. a decrease in the supply of professional basketball d. a decrease in the demand for professional basketball e. an increase in both the demand for and the supply of professional basketball
The value of a financial instrument rises as:
A. the payments are made when the prospective investor needs them least. B. the size of the payment promised decreases. C. the promised payment is made sooner rather than later. D. it is less likely the payment will be made.