Which nation's taxation is the lowest percentage of the nation's GDP?
a. Australia
b. United States
c. Germany
d. Netherlands
e. Sweden
B
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Suppose there is a simple tax system that says you pay 10% for income up to $10,000, 25% for income between $10,000 and $50,000, and 35% for all income above $50,000. Mr. Campbell has income of $72,000. Mrs. Campbell has income of $55,000.
(A) What is Mr. Campbell's individual tax liability? Mrs. Campbell's? (B) What is their liability if they file a joint return? (C) Is there a marriage penalty? If so, how much is it?
The object of the Northwest Ordinances of 1785 and 1787 was to preserve the public domain from private exploitation
Indicate whether the statement is true or false
If what producers intend to produce for consumption is precisely what consumers intend to consume, then the economy will be in equilibrium
Indicate whether the statement is true or false
Which one of the following does not explain the slowdown in productivity growth from the mid-1970s to the mid-1990s?
A. Workers lacked incentives to work hard as their job security was at its lowest B. There was a decline in labor quality that led to lower labor productivity C. The method of productivity measurement lacked accuracy D. An increase in world oil prices contributed to a decline in productivity