All of the following statements are true except
A) total revenues have no strong trends.
B) revenues include corporate income taxes, personal income taxes; indirect taxes and investment income.
C) the main source of fluctuations in revenues is corporate income taxes.
D) indirect taxes decreased during the 2000s.
E) personal income taxes decreased during the 2000s.
Correct Answer:
Verified
Q10: All of the following statements are true
Q11: The category of federal government revenues that
Q12: If outlays exceed revenues, the government's budget
Q13: Suppose the government starts with a debt
Q14: If revenues exceed outlays, the government's budget
Q16: Fiscal policy is
A)the use of the federal
Q17: Choose the statement that is incorrect.
A)The federal
Q18: The main components of government revenues are
A)transfer
Q19: Government debt is
A)equal to revenues minus outlays.
B)always
Q20: The largest source of revenues for the
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