Author Question: In 2014, which type of tax raised the most revenue for the U.S. federal government? Which type of ... (Read 78 times)

erika

  • Hero Member
  • *****
  • Posts: 522
In 2014, which type of tax raised the most revenue for the U.S. federal government? Which type of tax raised the most revenue for state and local governments?
 
  What will be an ideal response?

Question 2

If consumers decide to be more frugal and save more out of their income, then this will cause
 
  A) a movement to the left along the supply curve for loanable funds.
  B) a shift in the supply curve for loanable funds to the left.
  C) a movement to the right along the supply curve for loanable funds.
  D) a shift in the supply curve for loanable funds to the right.


Jordin Calloway

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

In 2014, individual income taxes raised the most revenue for the federal government, and sales taxes raised the most revenue for state and local governments.

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library