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Author Question: Proponents of the estate and gift tax argue that the tax is necessary because A) it generates a ... (Read 37 times)

Metfan725

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on: Jun 30, 2018
Proponents of the estate and gift tax argue that the tax is necessary because
 
  A) it generates a large portion of total federal revenue.
  B) it prevents unfair accumulation of wealth across generations.
  C) it is the primary source of funding for Medicare and Medicaid.
  D) it is only applied to items that have not previously been taxed.

Question 2

A decrease in the discount rate will
 
  A) have an unclear effect on the money supply. B) decrease the money supply.
  C) increase the money supply. D) not affect the money supply.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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JYan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


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