Economists Generally Agree That the Most Important Tax in the U.S.economy

question 34

Multiple Choice

Economists generally agree that the most important tax in the U.S.economy is the

• A)investment tax.
• B)sales tax.
• C)property tax.
• D)labor tax.

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Definitions:

Normally Distributed

Describes a distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set differ from the mean.

Normally Distributed

Describes a probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Confidence Interval

A scope of values, sourced from statistical analysis of a sample, that is believed to contain the value of an undisclosed population parameter.