Which of the following taxes is based on the benefits-received principle?
a. corporate income taxes
b. personal income taxes
c. property taxes
d. gasoline excise taxes
e. user fees that collect the same amount from each person
D
Economics
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An export subsidy imposed in a large exporting country will cause the country's international terms of trade to improve.
Answer the following statement true (T) or false (F)
Economics
The best measurement for comparing the standard of living between two countries is:
A. The ratio of current GDP to GDP in the base period. B. GDP per capita. C. Investment as a percentage of GDP. D. GDP per worker.
Economics