Which of the following is a criticism of payroll or commuter tax?
A. It is only a long-term revenue growth opportunity.
B. It will encourage more businesses to leave a city.
C. It will increase the demand for services.
D. It will affect other tax collection measures.
E. It will prevent the state from allowing cities to collect local income tax.
B
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Explain different approaches politicians take to make the news. Why do politicians and the news media tend to have an adversarial relationship?
What will be an ideal response?
If a government wanted to use monetary policy to increase economic growth, which of the following steps should be taken?
a. decrease interest rates to increase the amount of money in supply b. increase the amount of foreign currency kept on reserve in U.S. banks c. increase the amount of public revenue for investment by raising taxes d. increase government spending on public works projects