What percent of taxable income is reported on tax returns according to an Internal Revenue Service survey?
a. 85%
b. 75%
c. 65%
d. 55%
a
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The government implements fiscal policy when it changes
A) spending and/or interest rate. B) money supply and/or taxes. C) taxes and/or spending. D) taxes and/or interest rate.
In addition to capital accumulation and technological progress, what are some of the other possible explanations for recent output growth in China?
What will be an ideal response?
Which of the following factors could cause the economy to experience supply-side inflation?
A. Develop new technology to increase productivity. B. government laws which say that the average work week must be reduced by one hour every year C. increased security about jobs and future income D. Increase the number of immigrants allowed into the country.
A tax added to the camping fee at national parks that is used to maintain and upgrade camping facilities at national parks is a tax based on
A. the ability-to-pay principle. B. the benefits-received principle. C. vertical equity. D. horizontal equity.