Government capital consists of
A) money owned by the government.
B) securities owned by the government.
C) the buildings owned by the government in Ottawa.
D) long-lived physical assets owned by the government.
Correct Answer:
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Q19: The largest source of tax receipts for
Q20: Assume the marginal tax rate for income
Q21: Assume that the lost output due to
Q22: A decrease in the average tax rate,with
Q23: The full-employment deficit is
A)the number of jobs
Q25: The average tax rate is
A)the fraction of
Q26: Roads and education are examples of
A)government physical
Q27: Taxes distort economic behaviour because
A)they change the
Q29: All of the following are government capital
Q40: The marginal tax rate is
A)the fraction of
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