Author Question: The two biggest items of the U.S. federal government revenue that together account for over ... (Read 54 times)

deesands · **on:** Jun 30, 2018

The two biggest items of the U.S. federal government revenue that together account for over approximately 80 percent of total federal government revenue are

A) personal income taxes and Social Security taxes.
B) personal income taxes and corporate income taxes.
C) personal income taxes and sales taxes.
D) corporate income taxes and Social Security taxes.
E) corporate income taxes and property taxes.

Question 2

If inflation is eight percent, a nominal interest rate of six percent translates into a real interest rate of two percent.

Indicate whether the statement is true or false