When the Fed receives an inflow of Federal Reserve notes, its
A) assets rise.
B) liabilities decline.
C) liabilities increase.
D) assets decline.
B
Economics
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In recent economic history, the U.S. federal budget was in surplus from
A) 2001 through 2005. B) 1998 through 2001. C) 1990 through 1997. D) 1980 through 1989.
Economics
The ________ is based on the ability-to-pay principle.
A. progressive income tax B. personal property tax C. retail sales tax D. proportional income tax
Economics