Since the end of World War II, corporate income taxes have accounted for

a. an increasing share of federal revenue.
b. a steady share of federal revenue.
c. a declining share of federal revenue.
d. a rising share of revenue until 1980, and then a falling share.

c

Economics

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The equation of exchange can be written as

A) MsV = PY. B) MsP = VY. C) MsY = VP. D) None of the above are correct.

Economics

Jane lives and works in New York. Every month she sends $500 to her mother in London. This is an example of a(n) ________

A) import by the U.S. B) transfer payment to the U.K. C) export by the U.S. D) factor payment to the U.K.

Economics