Since 1981,the annual revenue received by the Canadian federal government from taxes has averaged roughly ________ of GDP,and the annual revenue received from seigniorage has averaged ________ of GDP.
A) 50%; 5%
B) 7%; more than 36%
C) 17%; less than 1%
D) 40%; 10%
Correct Answer:
Verified
Q15: Of the primary tax sources of revenue
Q16: Table 15.1 Q17: The government's budget deficit is best represented Q18: Economists who are concerned with the effect Q19: Since 1981,which of the following federal expenditures,measured Q21: A decrease in the inflation rate will Q22: Holding everything else constant,if total factor productivity Q23: Assume that seigniorage and the government's primary Q24: Table 15.3 Q25: When the nominal interest rate is not
Cordelia Saldinia
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