The value of an object on which a tax is levied is known as the

a. tax rate.
b. tax impact.
c. tax base.
d. tax incidence.


c. tax base.

Economics

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In the ordered pair (3, 6), 3 is the

a. x-coordinate. b. y-coordinate. c. origin. d. slope.

Economics

Medicaid, welfare payments, and Temporary Assistance to Needy Families are classified as

A) unilateral payments. B) transfer payments. C) gifts. D) income redistribution payments.

Economics

In addition to making the automatic stabilizers more effective, discretionary fiscal policy could fight a recession by (1) _________; (2) __________; and (3) _______.

Fill in the blank(s) with the appropriate word(s).

Economics

The newest member country of the European Union (EU) is

A. Ukraine B. Turkey C. Serbia D. Croatia

Economics