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PART ONE INTRODUCTION
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adjustment aggregate demand allocation applied asset benefits billion bracket budget capital income changes Chap Chapter choice considered consumer consumer surplus consumption consumption tax corporation tax cost debt deduction demand differentials distribution of income earnings economic effects efficient employment equal equity excess burden expenditures factor federal Figure finance fiscal policy function gains given grants important imposed incidence increase indifference curves individual income tax inflation investment involves jurisdiction labor low-income marginal cost marginal rate marginal utility measures negative income tax nonrival noted output pattern payments payroll tax percent preferences problem profits programs property tax purchases rate of return ratio redistribution reduced result rise sales tax saving schedule share shown social stabilization supply Table tax base tax burden tax incidence tax rates tax revenue taxation taxpayers tion transfer United utility value-added tax various welfare