What are the two main sources of tax revenues for state and local governments?
sales taxes and property taxes
You might also like to view...
An economy that trades freely with the rest of the world is called a(n) ________ economy
A) command B) communist C) closed D) open
How would a decrease in the U.S. budget deficit affect the exchange rate in the market for dollars?
A) The exchange rate will not be affected by a change in the budget deficit. B) The exchange rate will decrease. C) The exchange rate will increase. D) The impact of the decrease in the budget deficit on the exchange rate cannot be predicted.
In Figure 33.4, what is the cost of labor to the firm after the imposition of the payroll tax, and how many workers will be hired?
A. W3 and L1. B. W3 and L0. C. W5 and L1. D. W3 and L2.
Psychological factors that may influence the saving rate are ________ and ________.
A. capital gains; the real interest rate B. the real interest rate; the demonstration effect C. the desire to leave a bequest; capital gains D. self-control problems; the demonstration effect