Important source of revenue and major type of expenditure
What is the most important source of revenue and the major type of expenditure at the Federal level?
Expert
At the Federal level, the most important source of revenue is the personal income tax. The main expenditure is for income security.
What divergences arise between equilibrium and an efficient output spillover benefits are present? How might government correct this divergence?
Explain the Trade pattern of U.S. and World Trade?
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Question: Suppose three identical firms are engaged in Cournot competition in quantities. They all have marginal costs equal to 40. Market demand is given by: Q : Price competition My friend can't My friend can't succeed to get the answer of this question. Give me solution of this question. From a heterodox perspective, why does destructive price competition drive enterprises to set up market institutions which would abolish price competition?
My friend can't succeed to get the answer of this question. Give me solution of this question. From a heterodox perspective, why does destructive price competition drive enterprises to set up market institutions which would abolish price competition?
How important is international trade to the U.S. economy? In terms of volume, does the United States trade more with industrially advanced economies or with developing economies? What country is the United States’ most important trading partner, quantitati
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Not between concepts explained in Adam Smith’s Wealth of Nations was the conception which net benefits occur from: (1) specialization and trade according to comparative advantage. (2) the division of labor in production processes. (3) reliance o
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