Which of the following federal taxes is earmarked for a specific purpose?
A. Both employment taxes and unemployment taxes are earmarked taxes.
B. Employment taxes
C. Corporate income tax
D. Unemployment taxes
Answer: A
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An advertising elasticity of 0.35 means that for every one percent change in advertising expenditures there will be an estimated ________ percent change in volume sold
A) 0.0035 B) 0.035 C) 0.35 D) 3.5 E) 35
Because of the concept of stare decisis, the U. S. Supreme Court, in interpreting a statute in 2009, must interpret certain statutory language in the same way as the U. S. Supreme Court interpreted the same statutory language in 1971
a. True b. False Indicate whether the statement is true or false
Rulings from bankruptcy courts are final—they cannot be appealed
a. True b. False Indicate whether the statement is true or false
Dekak Motors, a car manufacturer, launches a new car that is priced much lower than other cars in the same segment. The firm is able to keep costs down by eliminating processes that do not add value to the product and by employing skilled workers who can perform multiple tasks. From the given information, it can be inferred that Dekak Motors most likely _____.
A. uses a traditional assembly line B. has a fixed position layout C. carries a large inventory of raw materials D. uses lean production