Which of the following is an example of an ad valorem tax?

A) 5% of price
B) 5% of quantity sold
C) $0.50 per unit sold
D) Government regulation

A

Economics

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The payments to owners of capital include

a. interest and profits. b. debt and taxes. c. wages and salaries. d. expenses and bonuses. e. All of the above are correct.

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If the monetary multiplier is 6, then the reserve ratio must be:

A. 1.67 B. 0.6 C. 0.167 D. 0.06

Economics