Issuing stock is riskier for corporations since there is a legal requirement to pay dividends.
Answer the following statement true (T) or false (F)
False
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CEO is an abbreviation for
a. corporate executive organization b. category of endless output c. chief executive officer d. common efficient output e. corporate extra operation
The deadweight loss associated with a tax on a commodity is generated by
a. the consumers who still choose to consume the commodity but pay a higher price that reflects the tax. b. the consumers who choose to not consume the commodity that is taxed. c. all citizens who are able to use services provided by government. d. the consumers who are unable to avoid paying the tax.
Refer to the above table. Suppose one country has a per capita real GDP of $1000 and another has a per capita real GDP of $10,000, or ten times larger. If both countries have a growth rate of 5 percent, how much larger will per capita real GDP be in the second country be than the first after 50 years?
A. 4 times larger B. 5 times larger C. 10 times larger D. 8 times larger
When a tax is based on the difference between the market value of the taxpayer's assets and liabilities, it is called
A. a difference tax. B. a wedge tax. C. a personal net worth tax. D. an implied liability tax.