A tax levied on purchases of a particular good or service
A) is illegal because it is discriminatory.
B) always leads to a reduction in total tax revenues.
C) always leads to an increase in total tax revenues.
D) is an excise tax.
D
Economics
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Russian Rubles Because of sanctions over their involvement in Ukraine in 2014, the Bank of Russia has raised its benchmark interest rate from 8% to 9.5%. What affect does this have on the exchange rate for the Russian Rubble versus the Euro?
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When a nation imposes a blanket standard on imports, it refers to policies that:
A. impose standards imposed on all imports. B. restrict the importation of specific goods. C. impose standards on specific countries. D. All of these are true.
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