Homeowners
a. are subject to double taxation.
b. benefit from several loopholes.
c. have no particular advantages in the tax system.
d. must pay tax on the "income" of living in a house.
b
Economics
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What is the likely effect on the market for wine of a simultaneous increase in both consumer incomes and producer taxes on wine?
A. An increase in both price and quantity B. An increase in price and a decrease in output C. A decrease in price and an indeterminate effect on quantity D. An increase in price and an indeterminate effect on quantity
Economics
For Industry A, its 1-firm, 2-firm, 4-firm and 8-firm concentration ratios are the same. Based on this, we can conclude that Industry A is
A) pure competition. B) monopolistic competition. C) oligopoly. D) pure monopoly.
Economics