One criticism of the corporate income tax is that
A) it is too regressive.
B) it is too flat.
C) it is so complex to administer that corporate income taxes are rarely collected by the Internal Revenue Service.
D) a portion of the corporations' tax burden is passed on to consumers via higher prices for goods and services and to workers via lower wages.
D
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All else equal, the amount of waste caused by full health insurance is:
A. larger the higher is the price elasticity of demand for medical services. B. larger the lower is the price elasticity of supply for medical services. C. smaller the higher is the price of medical services. D. larger the lower is the price elasticity of demand for medical services.
You can either invest in project A or B. Project A could have a value of $150 with a probability of 0.1 or a value of $75 with probability 0.9 . Project B could have a value of $110 with probability 0.2 or a value of $65 with a probability of 0.8 . Which project should you invest in?
a. Project A b. Project B c. Neither of the projects d. You cannot tell from the information presented
When the Federal Reserve System was created, its geographic decentralization reflected people's desire for regional monetary independence
Indicate whether the statement is true or false
For the courts, being too big a firm in an industry can be sufficient grounds, using the per se criterion, to charge the firm with violating antitrust laws
Indicate whether the statement is true or false