Author Question: The _____ requires taxpayers to calculate their taxes without most tax preferences, compare it to ... (Read 92 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
The _____ requires taxpayers to calculate their taxes without most tax preferences, compare it to their tax liability the conventional way, and then pay the tax based on which is higher.
 
  a. Alternative Minimum Tax
  b. Alternative Maximum Tax
  c. Allocative Minimum Tax
   d. Allocative Maximum Tax

Question 2

Who or what is responsible for the allocation of scarce resources into the production of most goods in the U.S.?
 
  A) the American government
  B) the UN
  C) the Federal Reserve Bank
  D) markets and prices



reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

a

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library