If population grows faster than income, then per capita income must fall

The significance of the corporate income tax as a percentage of federal revenues has _____

a. declined since 1960 b. declined since 1983 c. remained constant since 1960 d. increased until 1960 and fallen since then

When Homeowner Harry's sold his residence recently, he found that he had more than $20,000 in equity. This equity did NOT come from

A) the use of an interest-only mortgage payment plan. B) the principal portion of his PITI monthly mortgage payments. C) increases in market value of his house due to appreciation and inflation. D) his down payment.