As a percentage of total federal revenues the corporate income tax has _____
a. increased since 1960
b. declined since 1960
c. fallen during the 1980s, but risen since 1992
d. remained fairly constant since 1960
b
You might also like to view...
Consumption spending is $5 million, planned investment spending is $8 million, unplanned investment spending is -$2 million, government purchases are $10 million, and net export spending is $2 million. What is GDP?
A) $15 million B) $23 million C) $25 million D) $27 million
When negative externalities are connected with the production of a good,
A. market output will be greater than the socially optimal output. B. private costs and social costs are equal. C. the government should subsidize the production of the good. D. there will be a shortage of the good.
When a previously licensed pesticide is reevaluated
a. it can be restricted in use, but not banned b. a Reregistration Eligibility Decision document is issued in the final phase of the process c. it must becomepart of an Integrated Pest Management program d. all of the above
If the U.S. imposed an import quota on furniture, U.S. net exports of furniture
a. and net exports of other U.S. goods and services would rise. b. would rise but net exports of other goods and services would fall. c. would fall but net exports of other goods and services would rise. d. and net exports of other U.S. goods and services would fall.