Many economists believe that
a. the corporate income tax satisfies the goal of horizontal equity.
b. the corporate income tax does not distort the incentives of customers.
c. the corporate income tax is more efficient than the personal income tax.
d. workers and customers bear much of the burden of the corporate income tax.
d
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According to the article, ________ are expected to contribute ________ to China's real GDP in 2008
A) exports and consumption; positively B) consumption and government spending; negatively C) exports and investment; negatively D) rental income and investment; negatively
What is a primary difference between rebates and coupons?
A) Coupons allow individuals to sort themselves into the high-elasticity group after the sale. B) Neither coupons nor rebates are redeemed in high numbers. C) Rebates allow individuals to sort themselves into the high-elasticity group after the sale. D) Coupons are legal and rebates are illegal.
If the marginal propensity to consume is 0.75 and government spending decreases by $2,000 billion, what is the change in GDP?
a. -$2,000 billion b. -$8,000 billion c. $2,000 billion d. $1,500 billion e. $8,000 billion
Which of the following is a private owner prohibited from doing?
What will be an ideal response?