Taxes:
A) are prices paid for the right to consume government goods and services.
B) are compulsory payments not directly related to the benefits received from government goods and services.
C) never affect economic incentives.
D) are used by private firms to raise revenue.
Correct Answer:
Verified
Q23: Total annual expenditures by federal, state, and
Q24: Federal government expenditures in the United States
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Q27: In 2011, which country listed below has
Q29: State and local government expenditure in the
Q30: Government goods and services are usually:
A)not rationed
Q31: About 80 percent of federal receipts are
Q32: Nonmarket rationing means that:
A) those willing to
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A) are
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