What people are saying - Write a review
We haven't found any reviews in the usual places.
CHAPTER ONE ECONOMIC SYSTEMS AND ECONOMIC CHOICE
Economic Goals and Criteria
CHAPTER TWO GOVERNMENT AND THE ECONOMY AN OVERVIEW
24 other sections not shown
activities adjustments aggregate demand allocation alternative amount benefits billion budget budgetary capital gains changes Chapter consumer surplus consumers consumption corporation income decisions decrease deductions discretionary discussion disposable income distribution of income economic effects efficient quantity equal equity example exceeds excise tax exemption expenditures external costs federal Figure finance fiscal policy government spending higher incentive income effect income taxation increase inflation interest rates investment itemized deductions labor supply less lower marginal cost marginal value measures ment monetary money income opportunity cost output payroll tax percent persons pollution preferences produced progressive tax property taxes proportional income tax purchases real income redistribution reduce relative revenue rule sales tax saving shifted sources stabilization subsidies Table tax base tax credit tax liabilities tax prices tax rate taxpayers tion transfers U.S. Census Bureau unemployment units voting wage wealth welfare gains