Discuss the theory of the ability-to-pay principle
What will be an ideal response?
It is a theory of taxation which holds that citizens should bear tax burdens in line with their ability to pay taxes.
Economics
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Over the past 50 years, the U.S. labor force participation rate has decreased for
i. men. ii. women. iii. the over-all labor force. A) ii and iii B) i, ii, and iii C) i and iii D) ii only E) i only
Economics
The leverage ratio for the U.S. banking system in 2007 was about __________ percent
A) two B) five C) ten D) eighteen
Economics