An example of a regressive tax is the
A) corporate income tax.
B) personal income tax.
C) Social Security tax.
D) state inheritance tax.
C
Economics
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If residents of the United States give more gifts to relatives abroad than they receive, unilateral transfers will be
A. positive. B. zeroed out. C. unaffected. D. negative.
Economics
In a nation's balance of payments, the current account includes
A. the purchases of foreign assets. B. the changes in the official reserve transaction account. C. the balance of the trade account, the balance of the services account, and net unilateral transfers. D. all of these.
Economics