All of the following statements are true except
A) total revenues have no strong trends.
B) the main source of fluctuations in revenues is corporate income taxes.
C) personal income taxes decreased during the 2000s.
D) revenues include corporate income taxes, personal income taxes, indirect taxes, and investment and other income.
E) indirect taxes decreased during the 2000s.
Correct Answer:
Verified
Q7: The largest source of revenues for the
Q8: Fiscal policy is
A)any policy by the Bank
Q9: Which of the following is not a
Q10: Canada's government debt
A)is larger than the value
Q11: If revenues exceed outlays, the government's budget
Q13: The government of Ricardia's budget lists the
Q14: As a percentage of provincial GDP, provincial
Q15: Suppose the government starts with a debt
Q16: Prior to World War II, the purpose
Q17: If outlays exceed revenues, the government's budget
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