The type of tax receipts that has shown the slowest growth since World War II has been
A) personal taxes.
B) contributions for social insurance.
C) taxes on production and imports.
D) corporate taxes.
D
Economics
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If a fire insurance company requires firms buying fire insurance to install automatic sprinkler systems, the insurance company is trying to reduce
A) the problem of adverse selection. B) the moral hazard problem. C) sunk costs. D) asymmetric information.
Economics
What is the lowest price the firm would accept in the short run?
Economics