Which of the following coordinates and plans foreign aid programs and expenditures in the United Sates?
a. The Federal Reserve Board
b. The Federal Open Market Committee
c. The Agency for International Development
d. The Bureau of Economic Analysis
e. The U.S.Department of the Treasury
c
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Suppose the MPC is 0.8 in Canada and the MPC h is 0.55. If income increases by $100 million in Canada, then the increase in consumption of foreign goods will be:
a. $35 million. b. $25 million. c. $80 million. d. $100 million.
Three years ago Dr. and Mrs. Henderson moved from the house they had owned for 20 years, but did not sell it. They decided to travel and bought a mobile home to live in. They now sell the house. How much of their capital gain on the house will be taxable?
A) 15 percent, depending on their tax bracket B) 28 percent, depending on their tax bracket C) All of it, if it is over $500,000 D) None of it, if it is less than $500,000