The personal income tax is based on the benefits-received principle of taxation
a. True
b. False
B
You might also like to view...
Describe the costs of deforestation
What will be an ideal response?
If the prices of domestic consumer goods increased while the prices of imported consumer goods decreased, and the demand for each remained the same, which of the following would most likely occur?
a. The GDP price index would decrease while the CPI would increase. b. Both the GDP price index and the CPI would decrease. c. The GDP price index would increase more than the CPI. d. The CPI would increase more than the GDP price index. e. Both the GDP price index and the CPI would increase by the same amount.
M1 is a
A. commodity money. B. near money. C. flow variable. D. stock measure.
To avoid accidents, the government of Richland does not allow boating in lakes during rainstorms. This is an example of ________
A) consumer sovereignty B) consumerism C) bureaucratic redtapism D) paternalism