As a large proportion of the population retire in the next few years, what would happen to the federal revenue?
A) It would decrease, as social security tax revenues decrease.
B) It would decrease, as estate and excise taxes decrease.
C) It would increase, as corporate tax revenues increase.
D) It would increase, as social security payments increase.
Correct Answer:
Verified
Q36: In 2009, federal taxes were about _
Q37: A reduction in government expenditure or an
Q38: An increase in government spending or a
Q39: Maintaining a balanced budget during an economic
Q40: The smallest category of federal spending is:
A)
Q42: Long- term budget deficits are bad for
Q43: As the national debt of the United
Q44: The discretionary spending component of federal spending
Q45: A means tested program calculates the benefits
Q46: The smallest source of federal revenue is:
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents