An example of a derivative is a:

Which of the following does NOT explain the extent of trade between Ireland and the U.S.?

A) historical ties B) cultural Linguistic ties C) Gravity Model D) multinational corporations E) large numbers of Irish-Americans

The 1964 tax reform was designed to _____

a. simplify the tax structure b. remove the bias towards consumption in the tax code c. cut marginal tax rates in order to increase aggregate demand d. cut average tax rates in order to decrease aggregate demand