Tax incidence refers to
A) determining who sends the taxes into the government.
B) the tendency of some people to avoid paying taxes at all.
C) the distribution of tax burdens among groups, or who really pays a tax.
D) determining the marginal tax rate applied to any increase in income.
C
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Assume that the following are the predicted inflation rates in these countries for the year: 2% for the United States, 3% for Canada; 4% for Mexico, and 5% for Brazil
According to the purchasing power parity and everything else held constant, which of the following would we expect to happen? A) The Brazilian real will depreciate against the U.S. dollar. B) The Mexican peso will depreciate against the Brazilian real. C) The Canadian dollar will depreciate against the Mexican peso. D) The U.S. dollar will depreciate against the Canadian dollar.
Like the short run
A) the long run supply curve is the sum of the individual firms' supply curves. B) the maximum number of firms in the market is fixed. C) firms operate only if they make a positive profit. D) All of the above.
For this reason, they are considered to be "off budget."
What will be an ideal response?
Which of the following is NOT a regional trade agreement currently (2014) being considered?
a. the Trans-Pacific Partnership b. the Trans-Atlantic Trade and Investment Partnership c. the North American Free Trade Area d. the Europe-Japan Free Trade Area