In 2011, which category represented the largest source of receipts for the U.S. federal government?

a. Medicare
b. Social Security
c. corporate income taxes
d. individual income taxes

d

Economics

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Let C = 70 + 0.75y and I = 40. Assume no government or foreign sectors. Investment needs to increase by ________ to increase equilibrium output by a total of $600

A) $30 B) $150 C) $560 D) $600

Economics

Explain the difference between a normal good and an inferior good

What will be an ideal response?

Economics