The U.S. federal personal income tax is a ________ tax

Which of the following groups was Jefferson most trying to help in setting up the Land Ordinances?

(a) His friends, the land speculators (b) The urban proletariat (c) The small farmers (d) Fellow slave owners

Suppose the central bank reduces the money supply. This monetary contraction will always cause a greater reduction in output when it is accompanied by

A) an increase in expected future taxes. B) an increase in expected future interest rates. C) a reduction in expected future output. D) all of the above E) none of the above