In the case of unemployment compensation why would the benefits received principle of taxation not be entirely practical? Explain
What will be an ideal response?
Unemployment compensation is meant to assist those who have temporarily found themselves without work. It would be a bit strange for these very people to pay taxes equivalent to the very benefits they are supposed to receive.
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The gross domestic product (GDP) is calculated each year in the United States to determine
A. the level of exports. B. the health of the economy. C. whether income taxes should be lowered or raised. D. how much money should be printed during the year.
The monetary policy tool that involves the buying and selling of government bonds is
A) moral suasion. B) reserve requirements. C) the discount rate. D) open-market operations.
Competition in a market system denotes a condition where:
A. The diffusion of economic power limits its potential abuse B. Any given product can be purchased at a wide range of prices C. Contractual agreements among individual firms are restricted and avoided D. A few large sellers are constantly jostling for market share
Which of following job analysis methods can analyze the widest variety of jobs?
A. PAQ B. task inventories C. conventional job analysis D. analyst interviews