________ are the largest components of state and local government revenue
A) Individual income taxes and corporate income taxes
B) Transfers from federal government and sales taxes
C) Individual income taxes and sales taxes
D) Transfers from federal government and corporate income taxes
E) Corporate income taxes and lottery income
B
Economics
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Based on the table "Real and Nominal GDP," if year one is the base year, then the real GDP in year two, is ________
A) 5000 B) 5250 C) 5900 D) 6175 E) none of the above
Economics
If the opportunity cost of corn to wheat is 3:1 in the United States and 5:1 in France, both countries would benefit from trade if the actual terms of trade between corn and wheat were 4:1.
Answer the following statement true (T) or false (F)
Economics