The Owner of a Retail Store That Specializes in Sporting

question 60

Multiple Choice

The owner of a retail store that specializes in sporting equipment plans to buy TV ad time during the broadcast of Win or Lose,a game show that has a rating of 10.It reaches 12,000 people in the primary target audience and a 15-second spot costs $600.What is the cost per thousand of the show?

• A) $20.00
• B) $40.00
• C) $50.00
• D) $60.00
• E) $75.00

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Definitions:

Goods and Services

The output of an economy's business activities, encompassing tangible products (goods) and intangible offerings (services).

Progressivity

Refers to the degree to which a tax system taxes higher incomes at higher rates.

OECD Countries

Member countries of the Organisation for Economic Co-operation and Development, which are generally regarded as developed countries with high-income economies.

U.S. Tax System

A system by which the government of the United States funds its operations through the imposition of various types of taxes on individuals and businesses, including income, sales, and property taxes.