The federal government receives most of its revenues from

A. personal income taxes.
B. property taxes.
C. corporate taxes.
D. excise taxes.

Answer: A

Economics

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If the marginal propensity to consume (MPC) is 0.75 and there is an increase in planned investment spending of $0.5 trillion, then saving will

A) increase by $0.25 trillion. B) increase by $0.5 trillion. C) increase by $1 trillion. D) remain unchanged.

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