The most important source of revenue for the federal government is

A) tax revenue.
B) investment income from the Federal Reserve.
C) seigniorage.
D) import tariffs.

A

Economics

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What does an empirical analysis of the key votes at the Constitutional Convention suggest?

(a) Merchants, manufacturers, capitalists, creditors, and public and private security holders supported a national system of government. (b) Delegates from larger and coastal states, as well as bankers and other private debt holders, were most likely to support the new Constitution. (c) Slaveholders were likely to stand in opposition to the Constitution, while farmers and debtors were either opposed or indifferent. (d) All of the above are correct.

Economics

In which statement(s) is "supply" used correctly? (I) "An increase in the price of flour will increase the supply of flour." (II) "As the cost of producing flour rises, the supply of flour will tend to fall."

a. in both statements I and II b. in statement I only c. in statement II only d. in neither statements I nor II

Economics