Each of the following is a tax that adults pay, except

•property

•income

•sales

•banking

1. Why should people care about the amount of production that takes place within the economy?

The rate of return on the common stock of Flowers by Flo is expected to be 14% in a boom economy, 8% in a normal economy, and only 2% in a recessionary economy.

County governments in Texas:a. are single-purpose governments. b. all operate under the general laws of the state of Texas for the operation of county government. c.

In reconciling a bank statement, the bank balance is $2,100, and the checkbook balance is $2,001. Which of the following is the most probable reason for the bank balance being larger than the book balance? a.

Wordmill Publications purchased a printing machine for $40,000 on January 1, 20X1. On December 31, 20X5, it sold the printing machine for $25,000. The book value of the equipment on the date of sale was $20,000.

What is difficult about using cost-benefit analysis to estimate the level of a public good that will maximize social welfare? It is difficult to estimate the marginal costs of supplying a public good.

Suppose the town of Boone has a total population of 50,000 people. Of those, 46,000 people are employed. There are 2,000 full-time students who are not employed or actively seeking work.

Sadie sold 12 shares of stock to her brother, George, for $640 16 months ago. Sadie had purchased the stock for $880 two years earlier.

The Fed regulates banks but has little authority over bank holding companies.

Shared values among employees are the glue of successful management a. True b. False