An example of a regressive tax is the
A) corporate income tax.
B) personal income tax.
C) Social Security tax.
D) state inheritance tax.
Answer: C
Economics
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Terri buys a house for $200,000 and expects to sell it in three years for $300,000. Her expected percentage rate of return over that three-year period is:
A. 25 percent B. 33 percent C. 50 percent D. 67 percent
Economics
If the money supply is $350 and PQ is $1,400, according to the quantity theory of money, the velocity of money is
a. 35.0. b. 7.5. c. 4.0. d. 0.25.
Economics