The value of goods, services, incomes or wealth subject to taxation is

A) the tax base.
B) a sales tax.
C) the collected tax revenue.
D) a unit tax.


A

Economics

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The current deficit minus net interest is called the

A) primary deficit. B) net current deficit. C) current surplus. D) primary current deficit.

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The increase in output that is generated by an additional unit of input is called the:

A. input-output relationship. B. production function. C. marginal product. D. resource product.

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The economy contains many labor markets for different types of workers

a. True b. False Indicate whether the statement is true or false

Economics

How much is induced consumption when disposable income is $4 trillion?

Economics