Fiscal policy is most effective when exchange rates are fixed
Indicate whether the statement is true or false
TRUE
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The main source of revenue for the U.S. federal government is
a. personal income taxes b. corporate income taxes c. sales taxes d. borrowing on financial markets e. revenue from the sale of government goods and services
Economies of scale are created by greater efficiency of capital and by:
a. longer chains of command in management. b. better wages for labor. c. smaller plant sizes. d. increased specialization of labor.
________ is financed through a payroll tax.
A. The Public Housing program B. The SNAP program C. The Social Security system D. The Earned Income Tax Credit program
Capital resources include money and other financial assets
a. True b. False Indicate whether the statement is true or false