Tax revenues can rise as a result of a decrease in income tax rates, as long as the tax base increases sufficiently

What is consumer surplus? Why would policy makers be interested in consumer surplus?

What will be an ideal response?

A cross-country analysis of money growth shows that the growth rate in the money supply was:

A. higher in countries with lower inflation rates. B. lower in countries with lower inflation rates. C. lower in countries with higher inflation rates. D. the same whether the countries had high or low inflation rates.