Author Question: A significant portion of the increase in state tax revenues from 1950 to 1970 was because _____. ... (Read 7 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
A significant portion of the increase in state tax revenues from 1950 to 1970 was because _____.
 
  a. of high inflation
  b. of increased economic growth due to the Korean conflict
  c. many states adopted new tax bases they had previously not taxed
   d. increased property tax rates

Question 2

Let the production function be q=ALaKb. The function exhibits constant returns to scale if
 
  A) a + b = 1.
  B) a + b > 1.
  C) a + b < 1.
  D) Cannot be determined with the information given.



jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

c

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library