The federal personal income tax is
A. a direct tax.
B. an indirect tax.
C. both a direct tax and an indirect tax.
D. neither a direct tax nor an indirect tax.
A. a direct tax.
Economics
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A perfectly elastic demand curve:
A) is parallel to the price axis. B) is parallel to the quantity axis. C) slopes upward. D) slopes downward.
Economics
How often should a firm address 'social responsibility'?
A) never. B) all the time. C) once a year. D) over the long-run.
Economics
What is the Laffer Curve? Explain the relationship that is shown in the curve.
What will be an ideal response?
Economics
The long-run aggregate supply curve intersects the horizontal axis at the:
A. actual rate of inflation. B. potential level of output. C. expected rate of inflation. D. current level of output.
Economics