Classical economists believe that:
a. wage ,price, and interest rates are inflexible.
b. wage, price, and interest rates are flexible.
c. fiscal policy should be used to stabilize the economy.
d. monetary policy should be used to stabilize the economy.
Question 2
Consider two people, Sandy Ross, who earns 25,000 . and Gary Belcher, who earns 50,000 . If the flat-tax rate is 20 percent, then:
a. the government collects a total of 20,000.
b. Gary pays twice the tax amount Sandy pays.
c. Gary pays three times the tax amount Sandy pays.
d. Gary and Sandy pay exactly the same tax amount.
e. Gary pays 15,000 in taxes.
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
High rates of rural poverty have been a part of the United States from its origin to the present. ...
Protein topology and folding rates
The Power of Classical Conditioning
Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ...
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...