In 2014, over 75 percent of the revenue of the U.S. federal government was raised through

A) individual income and social insurance taxes. B) sales and corporate income taxes.
C) property and social insurance taxes. D) individual income and property taxes.


A

Economics

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Tabitha shares a flea market booth with her sister. Her share of the rent is $150 per month. She is considering moving to her own, larger booth which she will not have to share with anyone. The larger booth rents for $450 per month

Recently, you ran into Tabitha in the grocery store and she tells you that she has rented the larger booth. Tabitha is as rational as any other person. As an economics major, you rightly conclude that A) Tabitha figures that the additional benefit of having her own booth (as opposed to sharing) is at least $300. B) Tabitha did not have a choice; her sister was overcharging her. C) the cost of having one's own booth outweighs the benefits. D) Tabitha figures that the additional benefit of having her own booth (as opposed to sharing) is at least $450.

Economics

When the economy is in an inflationary gap, the labor market is experiencing a _____________. In a self-regulating economy, wage rates will then ___________ and the ______________ curve will shift __________________

A) shortage; rise; SRAS; leftward B) shortage; fall; SRAS; leftward C) surplus; rise; AD; rightward D) shortage; fall; AD; rightward E) surplus; fall; SRAS; rightward

Economics

Equity markets are markets:

A. for stocks. B. for AAA rated bonds. C. for either stocks or bonds. D. of U.S. Treasury bonds.

Economics

There are debt relief programs currently available for highly indebted poor countries

Indicate whether the statement is true or false

Economics