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    Principles of Economics Study Set 12
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    Exam 14: Taxes, Transfers, and Income Distribution
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    Which of the Following Forms of Income Is Not Taxed
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Which of the Following Forms of Income Is Not Taxed

Question 91

Question 91

Multiple Choice

Which of the following forms of income is not taxed under the personal income tax?


A) Inheritance
B) Capital gains
C) Salaries
D) Royalties
E) Dividends

Correct Answer:

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