The U.S. federal government obtains most of its revenues through taxes from three sources. Which of the following is not one of those three main sources of federal revenue?
A) corporate income taxes
B) social insurance taxes
C) sales and excise taxes
D) individual income taxes
C
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The table has the marginal products for workers at? Bart's Bats, a baseball bat factory. Using the above? table, if the price of a bat is? $8, then the value of the marginal product of labor of the fourth worker is
A. ?$1.375. B. $40. C. $0.625. D. 5 bats. E. None of the above answers is correct.
An increase in the expected price level shifts the short-run aggregate supply curve to the right
a. True b. False Indicate whether the statement is true or false
Karl Marx and Friedrich Engels said
A. "The theory of the Communists may be summed up in the single sentence: Abolition of private property." B. "The vice of capitalism is that it stands for the unequal sharing of blessings; whereas the virtue of socialism is that it stands for the equal sharing of misery." C. "It is not the employer who pays wages-he only handles the money. It is the product that pays wages." D. "Capital is past savings accumulated for future production."
What is the percentage of income received by the upper quintile on line Z?