The largest source of receipts for the federal government is
A) corporate income taxes.
B) personal income taxes.
C) capital gains taxes.
D) Social Security taxes.
Answer: B
Economics
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Comparing total taxes as a percentage of GDP in the United States to Western European countries, such as the France, Norway, and Sweden,
A. U.S. taxation is smaller. B. U.S. taxation is about the same. C. U.S. taxation is slightly larger. D. U.S. taxation is substantially larger.
Economics
The minimum price the firm would accept in the long run would be
A. $25.
B. $50.
C. $70.
D. $80.
Economics