The term "induced taxes" refers to
A) sales taxes that we pay but could avoid if we choose not to purchase the item.
B) local property taxes that we pay in addition to the federal income tax.
C) the taxes that we are forced to pay.
D) the rise in taxes due to a rise in GDP.
Correct Answer:
Verified
Q179: Q180: Q181: Automatic stabilizers Q182: Because of automatic stabilizers, when real GDP Q183: Which of the following is considered an Q185: Income taxes in the United States are Q186: An automatic stabilizer Q187: An example of an automatic fiscal policy Q188: Income taxes and transfer payments Q189: One characteristic of automatic stabilizers is that
A) are triggered by the business
A) requires action by the
A) prevent the
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