The ideas of economist Arthur Laffer became the centerpiece for tax policy during the:

Suppose you are offered a new smartphone in exchange for thirty hours of your work in your friend's garden. This is an example of

A) money as a standard of deferred payment. B) barter. C) money as a medium of exchange. D) money as a store of value.

Typically, transfer pricing audits by the IRS are concentrated in the case of

A) tangible goods. B) intangible property transactions. C) services. D) inputs.