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Home Q & A Board Humanities Legal Studies Political Science
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FlopCity FlopCity
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6 years ago
The rate on ones last dollar of taxable income is called the
 
  a. tax bracket.
  b. internal tax.
  c. deduction.
  d. final tax exemption.
  e. marginal income tax rate.

Question -2-

What is the biggest source of federal revenue?
 
  a. Corporate taxes
  b. Payroll taxes
  c. Social Security payments
  d. Tariffs
  e. Income taxes

Question -3-

The school of thought that believes high taxes hurt economic growth by discouraging savings and investment is called
 
  a. budget reconciliation.
  b. laissez-faire.
  c. offshoring.
  d. protectionism.
  e. supply-side economics.

Question -4-

Friedrich Hayek and Milton Friedman argued that government economic planning threatened
 
  a. foreign exports.
  b. individual liberty.
  c. the banking industry.
  d. the stability of the workplace.
  e. the stock market.

Question -5-

Prior to the 1970s, economists had assumed that inflation and unemployment forces pushed
 
  a. down the poverty line.
  b. in opposite directions.
  c. in the same direction.
  d. out foreign competition.
  e. up interest rates.
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SDSUAZZSDSUAZZ
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#1
6 years ago
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FlopCity Author
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6 years ago
TY
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6 years ago
You're welcome
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