A sales tax is a tax on:
A) income earned.
B) imports.
C) purchases that is typically a percentage of the purchase price of goods and services.
D) inputs used in the production of goods and services.
Correct Answer:
Verified
Q57: Which of the following is a reason
Q58: In late 2001, Argentina defaulted on more
Q59: During the economic downturn of the 1970s,
Q60: A debt crisis occurs when:
A)consumers spend too
Q61: How can high government debt lead to
Q63: An excise tax is a tax on:
A)luxury
Q64: If an item costs $50 in Connecticut
Q65: If an item costs $95 in California
Q66: In the province of Ontario, consumers pay
Q67: Property tax is a tax:
A)on luxury goods
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