The corporation income tax causes
A. capital to flow from the corporate sector to the noncorporate sector.
B. capital to flow into the corporate sector from the noncorporate sector.
C. less capital to be used in both the corporate sector and the noncorporate sectors.
D. more capital to be used in both the corporate sector and the noncorporate sectors.
Answer: A
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Income per capita is ________
A) gross domestic product divided by total labor force B) gross domestic product divided by total population C) gross domestic product divided by total amount of capital used D) gross domestic product divided by total unit of all goods produced
Which of the following statements is false?
A. Private equity firms often need to borrow the money needed to buy a public corporation. B. Once a private equity firm owns a formerly publicly held corporation, they tend to cut costs and enhance efficiency. C. Critics of private equity firms say that companies that have too much cash and too little debt become targets for private equity firms to buy. D. A private equity firm is a group of investors that takes a privately held corporation and uses an investment banker to turn it into a publicly held corporation.
When an imported good has restrictions are placed on it that limits the amount that can be imported and as a result the price of the good increases, the demand curve for that good will
A) shift rightward. B) shift leftward. C) become steeper. D) be unaffected.
A surplus exists
A) in equilibrium. B) when quantity supplied is greater than quantity demanded. C) when quantity supplied is less that quantity demanded. D) at the market clearing price.