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saul85 [17]
3 years ago
11

What is the primary source of revenue for the government?

Business
1 answer:
kykrilka [37]3 years ago
5 0

Answer:

Individual income tax

Explanation:

Well are government uses tax for the USA too fund money for the government so the first one is right.

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6 0
3 years ago
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Why is that market economies can often allocate resources in a more efficient and robust way than centrally planned economies?
sammy [17]

Answer:

Because market economies want to make money

5 0
3 years ago
You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o
garik1379 [7]

Answer: C) Otto

Explanation: Unlike the general perception evidenced in the research, having inflation is not a negative event. In fact, enjoying constant and controlled price increases is a sign that the demand for households is good, which translates at the same time into a greater need for production which ultimately results in economic growth.

8 0
4 years ago
Suppose that during the Great Depression long-run aggregate supply shifted left. To be consistent with what happened to the pric
slavikrds [6]

Answer:

The aggregate demand will fall

Explanation:

The aggregate supply measures the quantity of real GDP that can be supplied by in the economy at different price levels. it measures planned output if both prices and average wage rates can change, the Long run aggregate supply curve is assumed to be vertical (this means it remains constant when the general price level changes).

The leftward shift in aggregate supply means that at the same price levels the quantity supplied of real GDP has decreased. This is mostly due to natural disasters or other supply shocks like economic depression, when there is leftward shift in aggregate there would be fewer workers available to produce goods at any given price.

4 0
3 years ago
Suppose that the price index in 1999 was 170 and your salary was $44,000. Suppose in 2016 the consumer price index will be 290.
STatiana [176]

Answer:

$75,240

Explanation:

Given that,

Consumer price index in 1999 = 170

Salary in 1999 = $44,000

Consumer price index in 2016 = 290

Therefore, the required salary is calculated as follows:

= Salary in 1999 × (Consumer price index in 2016 ÷ Consumer price index in 1999)

= $44,000 × (290 ÷ 170)

= $44,000 × 1.71

= $75,240

Hence, the amount of salary have to earn in 2016 in order to equal your 1999 real income is $75,240.

6 0
3 years ago
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