If the demand for computer software rises as incomes rise, then computer software is a (an)

A) inferior good
B) substitute (good) for computers
C) normal good
D) complement (good) for computers
E) c and d

C

Economics

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Income taxes tend to be favored over sales taxes _____

a. because of the excess burden on income taxes b. on the benefit principle c. on equity grounds d. as long as income as defined using the Haig-Simons definition

Economics

Discretionary fiscal policy is:

A. fiscal policy that the government actively chooses to adopt. B. taxes and government spending that affect fiscal policy without specific action from policymakers. C. fiscal policy that the government enacts only for a short period of time. D. taxes and government spending that the government actively votes against adoption.

Economics