Examlex
Which of the following did not result from the Great Depression?
Payroll Tax
Contributions imposed on either the workforce or the employers, determined by a percentage of the payrolls distributed by companies to their staff.
Luxury Tax
A tax applied on expensive goods and services considered by the government to be non-essential or luxury items.
Price Elasticity
Measures the responsiveness of the quantity demanded or supplied of a good to a change in its price.
Quantity Demanded
The complete sum of a particular good or service that purchasers are prepared and financially able to buy at a certain price.
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