Payroll taxes are actually regressive taxes
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
Economics
According to your text, which of the following represents the largest source of tax receipts for the Federal government?
A. sales taxes B. property taxes C. individual income taxes D. corporate income taxes
Economics