When the expenditure schedule is too high, the result is a(n)

The relatively low rate of inflation coupled with a low unemployment rate that occurred in the 1990s represented a "normal" economic situation

a. True b. False Indicate whether the statement is true or false

An excise tax is a tax that is levied on

A. the value of an estate. B. the purchase of a given good or service. C. the value of a piece of property. D. that part of a person's income coming from interest payments.