Jamal earns $160,000 per year and Josephina earns $80,000 per year. If Jamal pays $16,000 in income taxes and Josephina pays $5,000 in income taxes, the income tax system would be

With a given income and prices of goods, Marcus will be in a consumer equilibrium if ________

A) his marginal utility from all goods is the same B) he purchases the same amounts of all goods C) he maximizes his total utility D) his marginal utility from all goods is at its maximum

Cost-push inflation is due to:

a. labor cost increases. b. energy cost increases. c. raw material cost increases. d. all of these.