Money income is

A) market income plus cash payments from government.
B) equal to market income.
C) market income plus cash payments from government minus taxes.
D) market income minus taxes.

A

Economics

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Marginal factor cost is computed as

A) total cost of the resource/total amount of the resource being used. B) change in the total cost of the resource/total amount of the resource being used. C) total cost of the resource/change in the amount of the resource being used. D) change in the total cost of the resource/change in the amount of the resource being used.

Economics

Filing a fraudulent income tax return that understates income or overstates deductions is known as

a. tax evasion b. logrolling c. tax avoidance d. rent seeking e. profiteering

Economics