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Ello_kara Ello_kara
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6 years ago
The largest revenue source in the U.S. federal tax system is the corporate income tax.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 2

Protective tariffs help a nation reach which of the following goals?
 a. Decreased domestic consumer prices.
  b. Increased domestic employment.
  c. Increased amount of goods for consumers to purchase.
  d. Increased competition among domestic and foreign producers.
  e. None of these.

QUESTION 3

A movement along the consumption function is caused by a change in:
 a. consumption.
  b. expectations.
  c. aggregate supply.
  d. disposable income.

QUESTION 4

A problem with the income security program category for federal government outlays is that it excludes unemployment compensation.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 5

Suppose a country with a large domestic textile industry removed all tariffs on imported textiles, we would expect domestic:
 a. textile prices to decline. b. textile production to increase.
  c. textile employment to increase. d. textile prices to rise.
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jkrobinson282jkrobinson282
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6 years ago
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