The largest source of federal revenue in the United States is:
a. Social insurance tax
b. the corporate income tax
c. the individual income tax
d. Foreign aid to the U.S.
c
You might also like to view...
Describe how Mexico's development strategy changed from the 1950s to today and how that changed the production location decisions of firms
What will be an ideal response?
Bonds without a maturity date are called
A) zero-coupon bonds. B) preferred bonds. C) common bonds. D) consols.
The tax interaction effect is the _________ in excess burden in the labor market stemming from the _______ in real wages caused by a Pigouvian tax.
A. increase; increase B. reduce; reduction C. increase; reduction D. reduction; increase
Which of the following is likely to decrease the supply of U.S. dollars in the forex market?
A. If investors' confidence in foreign economies increases B. If U.S. consumers prefer foreign goods to U.S. goods C. If foreign interest rates are low relative to U.S. interest rates D. All of these will increase the supply of U.S. dollars.