An excise tax taxes individual income.

Answer the following statement true (T) or false (F)


False

An excise tax taxes products such as liquor, gasoline, and cigarettes.

Economics

You might also like to view...

Which is true about dominant strategies in the game in Scenario 13.15?

A) $80 is dominant for Simple; $70 is dominant for Boring. B) $80 is dominant for Simple; $25 is dominant for Boring. C) $35 is dominant for Simple; $70 is dominant for Boring. D) $35 is dominant for Simple; $25 is dominant for Boring. E) There are no dominant strategies in the above game.

Economics

The Sherman Antitrust Act is primarily concerned with:

a. mergers. b. nationalization. c. price discrimination. d. monopolization. e. unfair and deceptive practices.

Economics

An example of a policy aimed at economic development that would also indirectly impact poverty would be:

A. food stamps. B. earned income tax credit. C. public investments in education. D. All of these will cause economic growth and positively impact poverty.

Economics

Net capital outflow (NCO) is:

A. domestic dollars invested internationally. B. capital outflow ? capital inflow. C. capital inflow ? capital outflow. D. foreign dollars invested domestically.

Economics