1: Within the last few decades the following has been the largest source of Revenue for the...

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1: Within the last few decades the following has been the largest source of Revenue for the Federal government in USA:

A: Corporate taxes

B: Sales taxes

C: Individual taxes

D: Real estate taxes

2: The following is the categeory of US Government Expenditure that has increased the most in recent decades:

A: National Defense

B: Medical

C: Mandatory expenditure

D: Discretionary expenditure

3: The following are problems associated to the GDP as a measure of well being, EXCEPT:

A: That GDP excludes intermediary production.

B: That GDP excludes household production.

C: That GDP excludes illegal markets.

D: That GDP measures production using market prices.

Related Book For answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Posted Date: Feb 09, 2024 02:14 AM

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1: Within the last few decades the following has been the largest source of Revenue for the...

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The detailed answer for the above question is provided below 1 The correct answer is C Individual ta... View the full answer

Precalculus

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