The marginal income tax rate applies to
A) all income earned by a family.
B) the income in the highest tax bracket reached.
C) the income of the highest income U.S. taxpayers.
D) the income received by people above the national average.
B
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Purchasing power parity or PPP says the ratios composed of:
a. interest rates explain the direction of exchange rates. b. growth rates explain the direction of exchange rates. c. inflation rates explain the direction of exchange rates. d. services explain the direction exchange rates. e. public opinion polls explain the direction of exchange rates.
When a new Walmart locates in an area, other retail stores and restaurants often locate nearby, exhibiting what economists call Walmart's ________ factor.
A. exponential B. "pull" C. "push" D. catalogue sales