The primary source of revenue at the federal level is:
a. the corporate income tax.
b. the personal income tax.
c. property taxes.
d. sales taxes.
e. customs duties.
b
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Since 1999, the U.S. ________ account has recorded relatively minor transactions, such as migrants' transfers, and sales and purchases of nonproduced, nonfinancial assets
A) capital B) financial C) current D) balance of trade account
The opportunity cost of holding money is measured by:
A) short-term nominal interest rate B) short-term real interest rate C) long-term nominal interest rate D) long-term real interest rate
Suppose a union negotiates for its members a wage that is above the market-clearing wage. What problems does the union have to solve now? Explain
What will be an ideal response?
Most goods whose purchases are included in the investment component of GDP are used to produce other goods in future periods
a. True b. False Indicate whether the statement is true or false