During the twentieth century, a primary driver of the expansion of the U.S. income tax system has been _____

a. westward expansion
b. natural disasters
c. military conflict
d. withholding


c

Economics

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The short-run aggregate supply curve is horizontal when

A. there are unemployed resources and prices do not increase when aggregate demand increases. B. there are no unemployed resources and prices do not increase when aggregate demand or supply increases. C. there are unemployed resources and prices do not decrease when aggregate supply increases. D. prices are inflexible and the economy is at full employment.

Economics

The Fed does not tightly control the monetary base because it does NOT completely control

A) open market purchases. B) open market sales. C) borrowed reserves. D) the discount rate.

Economics

A monopolist’s profit per unit is shown by the difference between price and marginal cost per unit.

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

Economics

Evaluate this statement: "People engaged in economizing behavior will always buy the lowest priced item they can find."

Economics