Tax distortions happen because tax laws only take _______ into consideration.
A) nominal income
B) real income
C) nominal output
D) real output
Correct Answer:
Verified
Q84: The real interest rate is:
A) the federal
Q85: Unpredictable inflation can lead businesses to:
A) experience
Q86: The money, time, and opportunity used to
Q87: If the real rate of return is
Q88: Brian is paid monthly via a direct
Q90: If the real rate of return is
Q91: Suppose the annual nominal interest rate is
Q92: What is the nominal interest rate?
A) The
Q93: Being penalized for earning a higher dollar
Q94: Suppose the annual nominal interest rate is
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