Which of the following gave the U.S.federal government the power to tax income?
A) The Sixteenth Amendment to the Constitution.
B) The Full Employment and Balanced Growth Act of 1978.
C) The Social Security Act.
D) The capital gains tax of the Bush administration.
Correct Answer:
Verified
Q10: A tax cut intended to increase aggregate
Q11: Which of the following will most likely
Q12: Assume the economy is operating below full
Q13: According to Keynes,the level of economic activity
Q14: Keynesians would recommend
A)Higher taxes when there is
Q16: Prior to 1913,most of the federal government's
Q17: Fiscal policy works primarily through
A)Shifts of the
Q18: Nearly half of the federal government's tax
Q19: The amount of additional aggregate demand needed
Q20: If aggregate demand increases by the amount
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