Which of the following taxes is most likely to be shifted?

a. a property tax on an owner-occupied residence
b. a progressive income tax
c. a flat-rate state income tax
d. a general sales tax

d

Economics

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Gross public debt is the amount of funds that

A) U.S. residents owe to foreign residents. B) the federal government owes to all holders of U.S. securities. C) the federal government owes to taxpayers. D) states owe to the federal government.

Economics

The federal government never has to pay off the national debt

a. True b. False Indicate whether the statement is true or false

Economics