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