Which of the following is a base on which taxes are levied in the United States?
A. property
B. sales
C. income
D. all of the above
Answer: D
You might also like to view...
Suppose the figure below shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist. 
The profit-maximizing price for this monopolist to charge is:
A. A. B. C. C. B. D. E.
Suppose MRS is not the same across all consumers. In this case, the economic outcome is not fully efficient because:
A) exchange is inefficient. B) the use of inputs in production is inefficient. C) the mix of outputs in inefficient. D) none of the above
Monetary theorists maintain that to eliminate the business cycle, it is necessary to eliminate
a. money. b. currency. c. bank creation of check able deposits. d. bank reserves.
The most important determinant of the decisions to lend or borrow is the real rate of interest.
Answer the following statement true (T) or false (F)