The U.S. federal government collects taxes in a number of ways. Rank the following sources of revenue from the largest to the smallest
a. corporate income taxes, individual income taxes, social insurance taxes
b. social insurance taxes, individual income taxes, corporate income taxes
c. individual income taxes, social insurance taxes, corporate income taxes
d. individual income taxes, corporate income taxes, social insurance taxes
c
You might also like to view...
Over the past 50 years, the amount given in aid has ________ in dollar terms, ________ in terms of aid as a share of GDP.
A. increased; as well as increased B. increased; but has steadily fallen C. decreased; but has increased D. decreased; and has steadily fallen
Countries engaged in international trade specialize in production based on:
A. relative levels of GDP. B. comparative advantage. C. relative exchange rates. D. relative inflation rates.
Which of the following is responsible for the Fed's daily activity in financial markets?
A. The Board of Governors. B. Bank of America. C. The House of Representatives Ways and Means Committee. D. The FOMC.
From the equation of exchange, if both nominal income and the quantity of money (M) have tripled, while the price level (P) has increased by 50 percent and velocity (V) remains constant, then real output (Y) ________
A) also triples B) increases by 50 percent C) doubles D) decreases by 50 percent E) none of the above