Taxes

A. are mandatory payments.
B. are necessary for financing government expenditures.
C. do not directly relate to the benefit of government goods and services received.
D. all of these answer options are correct.

A. are mandatory payments.

Economics

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The fact that people have unlimited wants means that

a. they always want more of at least one good b. each person has an unlimited desire for every good c. labor unions demand wage increases d. selfish people are not concerned about others e. people buy goods without regard to what they can afford

Economics

By better utilizing existing resources, an economy can produce at a point outside of its current production possibilities frontier

a. True b. False

Economics