The benefits-received principle of taxation is most evident in:
A. inheritance taxes.
B. excise taxes on gasoline.
C. the personal income tax.
D. the corporate income tax.
Answer: B
Economics
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Suppose the demand for bananas increases. Explain how the price of bananas adjusts after the increase in demand
What will be an ideal response?
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Under a fixed exchange rate regime, suppose there is an increase in housing wealth that causes an increase in consumption. This wealth-induced increase in consumption will cause
A) an increase in investment. B) a reduction in net exports. C) an increase in imports. D) all of the above E) none of the above
Economics