Question : The difference between indirect taxes and subsidies is _________________. 

Option 1: Net direct taxes

Option 2: Factor market

Option 3: Market price

Option 4: None of the above. 

Question : If market price is less then factor cost, it means that:

Option 1: Indirect taxes > Subsidies.

Option 2: Indirect taxes = Subsidies.

Option 3: Indirect taxes < Subsidies.

Option 4: None of the above.

Question : What is the difference between a direct tax and an indirect tax?

Option 1: Direct taxes are paid directly to the government, while indirect taxes are paid to a third party

Option 2: Direct taxes are paid to a third party, while indirect taxes are paid directly to the government

Option 3: Direct taxes are paid by corporations, while indirect taxes are paid by individuals

Option 4: Direct taxes are paid by individuals, while indirect taxes are paid by corporations

Question : Which of the following is a common source of revenue for state governments in the United States?

Option 1: Property taxes
 

Option 2: Sales taxes
 

Option 3: Income taxes

Option 4: All of the above

Question : Which of the following is not a type of bond?

Option 1: Corporate bond

Option 2: Government bond

Option 3: Equity bond

Option 4: None of the above