The double taxation of capital gains can be justified _____
a. on the ability-to-pay principle
b. on efficiency grounds
c. on the grounds that government needs more revenue
d. on the benefit principle
a
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Of the following, the largest single component of U.S. federal government expenditures is spent on
A) transfers to state and local governments. B) Medicare and Medicaid. C) interest paid on the national debt. D) purchases of goods and services for purposes other than national defense. E) national defense.
What are the primary determinants of agricultural labor productivity?
What will be an ideal response?
The adverse effects of rent controls include
A) keeping rental rates too high in a normal market. B) excessive construction of new rental housing. C) reduced incentive to construct new rental housing. D) increased incentives for people to purchase their own homes.
The annual membership fees of the 185 member countries of the IMF are called:
a. annuities. b. quotas. c. vetos. d. conditionalities. e. petrodollars.