True or false: the government can raise its tax revenue by decreasing the per-unit tax on vodka.

An increase in the government's budget surplus means a. public saving is greater than $0 and increasing. b. public saving is greater than $0 and decreasing. c. public saving is less than $0 and increasing. d.

Which option best defines taxable income? a) All the income you receive, from all sources, over the course of the year.

An advertisement in a newspaper can be changed easily because most newspapers are printed daily. False True

Which of the following best describes how economists test the empirical predictions of economic models? A) Economists survey individuals to learn about how people think through decisions about how much to purchase or to produce.

If a consumer receives 22 units of marginal utility for consuming the first can of soda, 20 units from consuming the second, and 15 from the third, the total utility of consuming the three units is A. 57 utils. B. 15 utils. C. 35 utils. D.

Explain how each of the following relates to the financial crisis of 2007-2008:  Declines in real-estate values.  Subprime mortgage loans.  Mortgage-backed securities.

Which assumption or principle requires that all information significant enough to affect decisions of reasonably informed users should be reported in the financial statements? Going concern. Historical cost. Full disclosure. Matching.

It is evident that the nation is experiencing a recessionary gap when potential output is less than aggregate output. potential output is decreasing at a rate greater than aggregate output is increasing potential output is decreasing.

This part of organizational design identifies reporting relationships and how they flow from the top to the bottom of the organization.

What is a possible negative aspect of economic growth? a. Increased trade B. Increased population C. Increased standard of living D. Increased pollution