Answer the following statement(s) true (T) or false (F)
1.Tax reform during the Clinton administration tended to build more special provisions and loopholes than it eliminated.
2.Increases in wealth from capital gains tend to be taxed at higher rates than increases in wealth from regular income.
3.Profits from the sale of houses are considered capital gains.
1.true
2.false
3.false
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Matched random assignment is used in situations in which random assignment would
A) increase chances of unequal sample sizes. B) cause possible confounding because the groups may be unequal on key dimensions. C) not be possible because the researcher has too much prior knowledge about the participants. D) not be possible because the researcher has too little prior knowledge about the participants.
Which of the following is NOT a factor of production, as defined by Adam Smith?
A. Money B. Labor C. Land D. Natural resources E. Capital stock