Author Question: The income tax system serves as an automatic stabilizer over the course of the business cycle. ... (Read 74 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
The income tax system serves as an automatic stabilizer over the course of the business cycle.
 
  Indicate whether the statement is true or false

Question 2

Paper currency is a
 
  A) fiat money. B) barter money.
  C) commodity money. D) bond.



lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

TRUE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library