The Laffer curve is representative of which of the following schools?
a. Supply-side school.
b. Rational expectations school.
c. Keynesians.
d. Neo-Keynesians.
e. Classical school.
a
Economics
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Which of the following will result in the greatest deadweight loss from tax?
a. A tax on gasoline b. A tax on Porsche cars c. A tax on salt d. A tax on cigarettes
Economics
The magnitude of the annual overstatement of the CPI is approximately
A. one percentage point. B. one-tenth of one percentage point. C. one-half of one percentage point. D. five percentage points.
Economics