After-tax income is much less equally distributed than before-tax income.
Answer the following statement true (T) or false (F)
False
Economics
You might also like to view...
"The hotter it gets, the more water people drink." This statement implies that the relationship between temperature and water consumption must have a
a. negative slope. b. positive slope. c. slope always equal to one. d. slope always equal to 45 degrees.
Economics
Which of the following is an example of an indirect tax?
A. Value-added tax B. Income tax C. Inheritance tax D. Head tax
Economics
If the price of oil rises, producers of oil will
A) increase the quantity of oil supplied. B) supply less oil. C) leave the amount of oil supplied unchanged. D) cut the price.
Economics
With a reserve ratio of 10%, the banking system can create ________ with each dollar of deposits.
A. $5 B. $10 C. $2 D. $1
Economics