In the long run the corporate profits tax may lead to
A. lower prices for the products of corporations as well as lower prices for the products of partnerships and proprietorships.
B. higher prices for the products of corporations and lower prices for the products of partnerships and proprietorships.
C. higher prices for the products of corporations as well as higher prices for the products of partnerships and proprietorships.
D. lower prices for the products of corporations and higher prices for the products of partnerships and proprietorships.
Answer: B
You might also like to view...
Which country has the highest per capita health care expenditures in the world?
A) Canada B) France C) United States D) Japan
Expansionary fiscal policy in an open economy has a
A. greater effect than in a closed economy. B. similar effect as in a closed economy. C. smaller effect than in a closed economy. D. greater effect than monetary policy.
The relationship between the level of income and investment spending is known as the consumption function
Indicate whether the statement is true or false
Evidence suggests that, with rare exceptions, economic policies are not manipulated in an effort to influence electoral outcomes. Use the Lucas critique to explain why not
What will be an ideal response?