Over the long run, taxes and government expenses have

A) remained relatively stable.
B) decreased.
C) increased.
D) drifted apart.

C

Economics

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Most regional trade and WTO agreements practice

A) the harmonization standards only. B) separate standards only. C) mutual recognition standards only. D) a combination of harmonization, mutual recognition, and separate standards. E) only the standards set out by the WTO.

Economics

A lump-sum tax:

A. charges the same amount to each taxpayer, regardless of economic behavior or circumstances. B. refers to annual, rather than quarterly tax payments throughout the year. C. is tied to spending habits, not income levels. D. is tied to income levels, not spending habits.

Economics