Which of the following is true of investment-based income?
A. Tax rates on carried investment are lower now as compared to 1980s.
B. Tax rates on carried investment are higher now as compared to 1980s.
C. Capital gains are now completely tax-free.
D. Capital-gains tax rates are higher now as compared to the 1980s.
Answer: A
You might also like to view...
The shapes of the total product and marginal product curves are related because
a. an increase in total product pulls marginal product up. b. marginal product gives the slope of total product. c. marginal product increases as total product increases. d. the marginal product curve lies above the total product curve.
Which of the following displays these two characteristics: nonrivalry and nonexcludability?
A) a pure private good B) a pure public good C) a club good D) a common pool resource
Americans will benefit if China has enough purchasing power to enable its people to buy American products
a. True b. False Indicate whether the statement is true or false
Producers _______ factors of production in the _______ market.
A.) Buy; factor B.) Sell; stock C.) Buy; stock D.) Sell; product