A payroll tax is also known as a(n) ________ tax
A) excise tax
B) corporate income tax
C) personal income tax
D) social insurance tax
D
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Discuss the federal budget history of the United States since 1970. Make sure to note specifically the budget position of the United States during the last of the 1990s and compare it to the situation in 2014
What will be an ideal response?
In an English open outcry auction,
a. bidding opens at a high price and then the price falls until only one buyer remains b. bids and offers may be made in any order c. sellers with market power capture most of the benefit d. sellers outnumber buyers e. bidding opens at a low price and the price then increases until only one buyer remains
When a firm is on the flat portion of its long-run ATC curve,
A. changing its firm size will not affect its total cost per unit. B. it is capturing the lowest average total costs possible in the industry. C. it is experiencing constant returns to scale. D. All of these are possibly true.
Efficiency and equity are synonymous.
Answer the following statement true (T) or false (F)