The effectiveness of any stimulus program depends on:
a. the nature of the tax only
b. the size of the tax and spending multipliers
c. the nature of the tax and tax multipliers
d. the income group targeted
e. the marginal propensity to consume only
b
Economics
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What are the sources of increasing returns and economies of scale of the recent increase in trend rate productivity experienced in the U.S.?
Please provide the best answer for the statement.
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The largest single source of revenue for the federal government is the
A. corporate income tax. B. federal excise tax. C. personal income tax. D. Social Security tax.
Economics