One World View article is titled "Bono Says "Stupid" to Pay Irish Taxes."" The band U2 moved its corporate headquarters to Amsterdam because the Irish government
A. Capped remittances to band members in other countries.
B. Capped tax-free royalty income at $360,000.
C. Raised taxes on corporate profits.
D. Raised marginal tax rates on upper-income earners.
Answer: B
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Unanticipated inflation benefits
A) people or businesses who owe funds. B) people or businesses who lend funds. C) people who live on a fixed income. D) people with CDs (certificates of deposits) in the bank.
The most-favored-nation clause was created in the
a. Trade Expansion Act of 1962. b. Marshall Plan. c. Reciprocal Trade Agreements Act of 1934. d. Canadian-American Trade Act.
When marginal cost is rising, average variable cost
a. must be rising. b. must be falling. c. must be constant. d. could be rising or falling.
Platform monopolies can undermine competitive markets because they:
A. symmetrically increase the amount of information available to the market. B. asymmetrically increase the amount of information available to the market. C. decrease the amount of information available to the market. D. increase the amount of information available to the market.