An excise tax is a tax that is levied on
A. the value of an estate.
B. the purchase of a given good or service.
C. the value of a piece of property.
D. that part of a person's income coming from interest payments.
Answer: B
Economics
You might also like to view...
The primary liabilities of a commercial bank are
A) bonds. B) mortgages. C) deposits. D) commercial paper.
Economics
The evidence of building costs in the 1920s shows that the decline in total construction after 1926
(a) reflected the sharp increase in costs as the boom gathered strength. (b) occurred when building costs remained stable. (c) occurred in the presence of sharply falling costs that anticipated the 1929 crash. (d) was a result of the contractionary monetary policies of the Fed.
Economics