Introduction to Macroeconomics Answers

phrase Aphrase B phrase C

phrase Aphrase Bphrase C

corporate taxes income taxesX property taxes

✔ property taxes income taxes corporate taxes

excise taxesX sales taxestariffs

X corporate taxesincome taxes property taxes

excise taxessales taxes tariffs

excise taxescorporate taxes tariffs

Homeowners pay on the land they own.

Workers pay on the money they earn in the workplace.

Businesses are required to pay on their earnings.

Taxes collected on purchased goods, such as clothing, by state and local governments are .

Taxes placed on specific goods, such as gasoline, by federal and state governments are .