Which two sources of revenue comprise most of federal government revenue?
A. Individual income tax and corporate income taxes
B. Corporate income taxes and excise taxes
C. Corporate income taxes and social security taxes and contributions
D. Individual income tax and social security taxes and contributions
Answer: D
You might also like to view...
A good that has social costs that are equal to private costs has a price that is
A) too high. B) too low. C) just right. D) equal to marginal cost.
In the nearly 200 years since Malthus wrote An Essay on the Principle of Population, what has happened to population growth rates as nations have become increasingly industrialized?
a. they have generally increased b. they have averaged zero c. they have generally fallen d. they have done exactly as Malthus forecast, outstripping the production of output
For an economy, aggregate demand equals
a. consumption plus investment plus government purchases plus exports. b. consumption plus investment plus government purchases plus (exports minus imports). c. consumption plus investment plus (taxes minus transfers) plus (exports minus imports). d. consumption plus investment plus government purchases plus (imports minus exports).
Which of the following is a determinant of supply?
A. number of consumers B. tastes and preferences of consumers C. consumer income D. technology