Which of the following is the largest source of revenue for the federal government?
A. corporate income tax
B. payroll tax
C. personal income tax
D. user charges
Answer: C
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In response to accounting scandals in 2002, the federal government passed legislation requiring that corporate directors have a certain level of expertise with financial information and mandating that chief executive officers personally certify the
accuracy of financial statements. What is the name of this legislation? A) the 24th amendment to the Constitution B) the Sarbanes-Oxley Act C) the Kennedy-Lott Act D) the Accountant Reliability Act
Group price discrimination results in social welfare that ________ under a single-price monopoly
A) is greater than B) is lower than C) is the same as D) might be greater or might be lower than
All taxes carry which of the following costs?
A. Time in creating procedures for collecting revenues B. Enforcing tax payments C. Managing collected funds D. All taxes incur all of these costs.
The Preview discusses the choice of going to college or not. Use the internet to examine educational attainment by race, Hispanic origin, and gender. The table of contents and data found in the Statistical Abstract of the United States. Click on the tables for Education Attainment. Use the data in this table to create a graph
Plot the percentage of each group that had 4 years or more of college on the vertical axis. Plot the year on the horizontal axis. Questions
- Which group has the highest percentage with 4 or more years of college?
- What could explain the difference between males and females?
- Which two races have the greatest differentials between males and females in educational attainment?