Why is reliable data on the formation and survival of startups difficult to obtain?
Reliable data on the formation and survival of startups are hard to obtain, because many never obtain licenses or pay taxes as incorporated entities.
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Classify each of the following goods on the basis of the characteristics of excludability and rivalry in consumption giving appropriate reasons: a) A lighthouse b) A pair of shoes c) A paid Web site d) A congested non-toll road
What will be an ideal response?
What is purchasing power parity and what happens when this condition doesn't hold?
What will be an ideal response?
At the federal level, the single most important tax, accounting for slightly less than half of revenue, is the
a. corporate income tax b. personal income tax c. estate tax d. property tax e. sales tax
In a closed economy, if Y remained the same, but G rose, T rose by the same amount as G, and C fell but by less than the increase in T, what would happen to private and national saving?
a. national saving would fall and private saving would rise b. national saving would rise and private saving would fall c. both national saving and private saving would fall d. None of the above is correct.