The share of corporate tax in total federal revenues:
A. is larger than the other components of federal revenue.
B. is the smallest of all the components of federal tax revenue.
C. has declined over the past few decades to a relatively low level.
D. has grown significantly in each of the past 10 years.
Answer: C
You might also like to view...
Higher ________ in Canada than in the United States help(s) explain why ________ unemployment is higher in Canada than in the United States
A) prices; frictional B) unemployment benefits; structural C) unemployment benefits; frictional D) investment; structural E) prices; structural
Monopolies use their market power to
a. charge prices that equal minimum average total cost. b. increase the quantity sold as they increase price. c. charge a price that is higher than marginal cost. d. dump excess supplies of their product on the market.
In recent decades Americans have increased their purchase of stocks of foreign-based companies. The Americans who have bought these stocks were engaged in
a. foreign portfolio investment. b. indirect domestic investment. c. foreign direct investment. d. foreign indirect investment.
Which of the following is NOT an example of intraindustry trade?
A) Trading Jeeps for Toyotas B) Trading Boeing airplanes for Airbus airplanes C) Trading Bush beer for Heineken beer D) Trading oil for trucks