A government tax rebate of $1,000 would ________ your disposable income by ________

A) decrease; $1,000 B) increase; less than $1,000
C) decrease; less than $1,000 D) increase; $1,000

D

Economics

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Using the income approach, an indirect business tax is a(n):

a. sales tax. b. excise tax. c. license fee. d. all of these.

Economics

Investment in both physical and human capital enhances economic growth because it:

a. increases consumption during the current period. b. makes it possible for individuals to produce more goods and services per hour worked. c. encourages firms to expand output by employing more low-productivity workers. d. encourages workers to unionize and, thereby, fight for higher wages.

Economics