Which of the following statements is true?

a. The most important source of revenue to the federal government is personal income taxes.
b. The most important source of revenue to state governments are sales and property taxes.
c. The most important source of revenue to local governments are local property taxes.
d. The taxation burden, measured by taxes as a percentage of GDP, is lighter in the United States than in most other advanced industrial countries.
e. All of these.

e

Economics

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Refer to Figure 5-1. The market equilibrium price is

A) $60. B) $50. C) $40. D) < $40.

Economics

Aggregate supply is represented as a schedule or curve showing the relationship between the.... (2)

What will be an ideal response?

Economics