Ad valorem taxation
A) refers to the personal income tax.
B) is used to tax goods but not services.
C) is assessed by charging a tax rate as a fraction of the market price of a good.
D) is a tax that is applied only to cigarettes and alcohol.
C
Economics
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Refer to the scenario above. What will be the difference in the GDP per capita of both countries at the beginning of year 2012?
A) $30.39 B) $99.84 C) $8.99 D) $339.69
Economics
In the above table, saving is positive when real disposable income is greater than
A) $300. B) $100. C) zero. D) $500.
Economics