U.s. gdp
a. includes production of foreigners working in the U.S. and production by U.S. residents working in foreign countries.
b. includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.
c. excludes production of foreigners working in the U.S. but includes production by U.S. residents working in foreign countries.
d. excludes production of foreigners working in the U.S. and production by U.S. residents working in foreign countries.
b
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The required reserves of a bank equal its ________ the required reserve ratio
A) deposits divided by B) deposits multiplied by C) loans divided by D) loans multiplied by
A tax that takes the same percentage of tax from all taxpayers is called a:
A. progressive tax. B. regressive tax. C. flat tax. D. lump-sum tax.