Taxes collected by businesses and sent to the government are:
a. indirect business taxes.
b. direct business taxes.
c. corporate income taxes.
d. personal income taxes.
Question 2
The aggregate demand curve slopes downward indicating that:
a. an increase in the general price level will reduce the aggregate quantity of goods and services demanded.
b. an increase in the general price level will increase the aggregate quantity of goods and services demanded.
c. a change in the interest rate will alter the aggregate quantity of goods and services demanded.
d. consumers substitute between domestic-made and foreign-made goods as their relative prices change.
Sample budget spreadsheet form for first year of business.
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