There are some well-respected economists that believe we should substitute a national sales tax for the income tax. Other equally well-respected economists do not agree. What accounts for the difference in opinion?
a. It might be over their interpretation of fairness.
b. It might be over different modeling
c. Both (a) and (b).
d. None of the above.
c
Economics
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How are the slope of a production possibilities frontier and the opportunity cost of the goods related?
a. The slope is a graphical representation of the cost of expanding production of both goods. b. The slope is a graphical measure of the growth rate of the economy. c. The slope is a graphical representation of the cost of decreasing unemployment. d. The slope is a graphical representation of the rate of trade-off between the goods. e. The slope is a graphical representation of the cost of economic growth in the economy.
Economics
The Social Security Program began during the administration of
A. Franklin D. Roosevelt. B. Harry S. Truman. C. Dwight D. Eisenhower. D. John F. Kennedy.
Economics