Which of the following methods of generating federal government revenue was first introduced during the Civil War?
a. the personal income tax
b. inflationary finance
c. import tariffs
d. bond sales
a. the personal income tax
Economics
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Acme is a perfectly competitive firm. It has the cost schedules given in the above table and has a fixed cost of $12.00. The price of Acme's product is $4.00
What is Acme's most profitable amount of output? What is Acme's total economic profit or loss?
Economics
Which function of money enhances the ability of households to accumulate wealth
A) medium of exchange B) store of value C) valuable relative to its weight D) does not become worn out too quickly
Economics