The ranking of the size of tax revenues received by the federal government (from highest to lowest) would be corporate taxes, income taxes, and Social Security payroll taxes.
Answer the following statement true (T) or false (F)
False
The federal government collects tax revenues primarily from income taxes, Social Security taxes, and corporate income taxes, in that order.
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Members of the top quintile of income earners in every country today:
A. earn disproportionately more than those in the bottom quintile. B. earn disproportionately less than those in the middle quintile. C. earn disproportionately less than they did 100 years ago. D. All of these are true.
All of the following are associated with a fixed exchange rate policy except:
A. sacrificing control of the domestic inflation rate. B. it means importing monetary policy. C. the need to maintain ample international reserves. D. higher import prices.
Other things being equal, which market structure is most likely to yield the greatest industry long-run economic profit?
A) monopolistic competition B) oligopoly C) monopoly D) perfect competition
Between 1986 and 1998 the De Beers company controlled the world diamond market. De Beers and its affiliated association of producers restricted diamond sales to maximize profits. De Beers and its association was "the only game in town" and had what is known as
A. a duopoly. B. perfect competitor. C. monopolistic competitor. D. a cartel.