Which of the Following Statements Is True

question 99

Multiple Choice

Which of the following statements is true?

• A)The quantity of natural resources per worker can influence productivity.
• B)Technological knowledge and human capital are closely related.
• C)Over long periods of time,the prices of most natural resources are stable or falling,relative to other prices.
• D)All of the above are correct.

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Definitions:

Taxable Income

The portion of an individual's or entity's income subject to taxation after all deductions and exemptions.

Taxable Income

The portion of income that is subject to tax, after accounting for deductions and exemptions.

Taxpayer

An individual or entity that is required by law to pay taxes to a federal, state, or local government.

State Tax

A tax imposed by a state on earned income, business profits, property, sales, etc., that varies from state to state.