The largest source of revenue for the federal government is the
a. individual income tax.
b. property tax.
c. sales tax.
d. corporate income tax.
a
Economics
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What are factor endowments?
What will be an ideal response?
Economics
It is easiest for new firms to enter a
A. Monopoly market. B. Duopoly market. C. Oligopoly market. D. Perfectly competitive market.
Economics
When calculating GDP, the Bureau of Economic Analysis releases its "advanced estimate" of a quarter's GDP approximately
A) three months before the quarter has ended. B) one month after the quarter has ended. C) three months after the quarter has ended. D) one year after the quarter has ended.
Economics
If the market in the figure above is a profit-maximizing single-price monopoly, consumer surplus is the area ________
A) ABH B) BFGH C) ACG D) BCD E) ACE
Economics