Generally, most economists feel that a sales tax is:
a. regressive.
b. proportional.
c. progressive.
d. fair.
a
Economics
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If the labor and capital grow more quickly, then real GDP will
A) not grow fast enough. B) grow more quickly. C) grow more slowly. D) stay fixed at potential GDP.
Economics
Based on Table 9.3, if values in the table are amended to reflect a net increase in U.S. foreign direct investment of 100, then the new balance for the capital account balance becomes
A) -75. B) -25. C) +25. D) +75. E) +225.
Economics