A lump-sum tax is:
A. a head tax.
B. the most efficient form of taxation.
C. a tax that charges the same amount to each taxpayer.
D. All of these statements are true.
D. All of these statements are true.
Economics
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If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is
a. 10. b. 5. c. 4. d. 2.
Economics
Suppose a country repealed its investment tax credit. The effects of this are represented by shifting the
a. demand for and the supply of loanable funds to the right. b. demand for and the supply of loanable funds to the left. c. supply of loanable funds to the right and the demand for loanable funds to the left. d. None of the above is correct.
Economics