ECO 450 Week 9 Quiz 855392309 (1)
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Description
Review Test Submission: Quiz 7 Course Public Finance Test Quiz 7
Instructions This quiz consist of 30 multiple choice questions.
Question 1
A tax on interest income: Answer
Correct Answer:
causes the gross interest rate paid by investors to exceed the net interest rate received by savers.
Question 2
Which of the following is true about comprehensive income? Answer
Selected Answer:
Both realized and unrealized capital gains are included. Correct Answer:
Both realized and unrealized capital gains are included.
Question 3
If the market supply curve of savings is upward sloping, a tax on interest income will: Answer
Correct Answer:
increase the market rate of interest.
Question 4 2 out of 2 points
Most empirical research indicates...
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Published On:
12/21/2019
Last Updated:
12/21/2019
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