The payroll tax represents
A. the largest source of revenue in the federal budget.
B. the second largest source of revenue in the federal budget.
C. the third largest source of revenue in the federal budget.
D. the largest source of revenue in state government budgets.
Answer: B
Economics
You might also like to view...
The amount that a commercial bank can lend is determined by its:
A. required reserves. B. excess reserves. C. outstanding loans. D. outstanding checkable deposits.
Economics
When the price of a good is below its equilibrium level under perfect competition,
A. consumers would benefit from an expansion of output. B. some consumers are earning larger consumer’s surpluses than they would in equilibrium. C. the market is not operating at maximum efficiency. D. All of the responses are correct.
Economics