Time spent filling out tax forms, time spent keeping tax records, and government resources spent to enforce tax laws are examples of the __________ of the U.S. income tax system
Fill in the blank(s) with correct word
administrative burden
You might also like to view...
Figure 5-12
In Figure 5-12, the move in the consumer equilibrium from A to B shows that
A. beer is an inferior good, but wine is a normal good. B. wine is an inferior good, but beer is a normal good. C. both beer and wine are normal goods. D. both beer and wine are inferior goods.
Using a graph, show why marginal revenue is always less than price
What will be an ideal response?
A monopolist who is maximizing profits produces to the point at which
A) marginal cost and average total cost are equal. B) price, marginal cost and average variable cost are equal. C) price is greater than marginal cost. D) price is greater than average total cost.
Improvements in human capital and education played a major role in the productivity improvements of the U.S. economy from 1995 to 2009
a. True b. False Indicate whether the statement is true or false