A tax on the wages paid to an employee is called the:
A. payroll tax.
B. personal income tax.
C. corporate income tax.
D. excise tax.
A. payroll tax.
Economics
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In comparison with a perfect competition, a single-price monopolist with the same costs creates a ________ consumer surplus and makes a ________ economic profit
A) smaller; larger B) smaller; smaller C) larger; larger D) larger; smaller
Economics
Interest rates and investment are actually observed to move most of time in ________, and this is explained by other factors affecting investment shifting the ________ curve to the right
A) the same direction, IS B) the same direction, LM C) opposite directions, IS D) opposite directions, LM
Economics