Mrs. Dodge has $8 million in income and pays no income taxes. Her income is most likely
A. capital gains.
B. interest on corporate bonds.
C. interest on municipal bonds.
D. offset by mortgage interest.
Answer: C
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Which of the following statements is true?
a. A company can manipulate uncontrollable factors to increase the demand for its product b. A company can manipulate uncontrollable factors to increase the supply of its product c. A company cannot manipulate uncontrollable factors to increase the demand for its product d. A company cannot manipulate controllable factors to increase the demand for its product
Which of the following is possible when the market fails?
A. It is impossible for government intervention to improve the mix of goods and services. B. The mix of goods and services is the optimal mix. C. The mix of goods and services is at the correct point on the production possibilities curve. D. The mix of goods and services is on the production possibilities curve.