What are the earnings of a resource with a perfectly elastic supply curve called?

Which of the following is collected only by local and state governments?

A) Excise tax B) Personal income tax C) Toll taxes D) Payroll tax

An increase in the ________ is an example of a capital gain

A) value of a share of stock B) wage rate of a federal employee C) amount of income not spent on consumption or taxes D) after-tax wage rate as a result of a decrease in income tax rates