Tax cuts on business income ________ aggregate demand
A) would increase B) would not change
C) may increase or decrease D) would decrease
A
Economics
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________ is the additional satisfaction a person receives from consuming an extra unit of a good
A) Total utility B) Marginal utility C) Diminishing marginal utility D) Preferences
Economics
A person who is in the 15 percent marginal tax bracket and has a total taxable income of $100,000 will owe $15,000 in taxes
a. True b. False Indicate whether the statement is true or false
Economics
States receive most of their tax revenues from
A. Property taxes. B. State income taxes. C. Sales taxes. D. User charges.
Economics
Another description for capitalism is:
a. The socialist economy b. The market system c. The system of inputs and outputs d. The command system
Economics