Indirect business taxes refer to
A. dividend taxes paid by the corporation.
B. sales and local taxes paid by business.
C. payments for low-skilled labor.
D. depreciation expenses.
Answer: B
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Price controls usually enhance efficiency in the allocation of resources.
Answer the following statement true (T) or false (F)
In the above figure, what is the amount of the tax per compact disc?
A) $10 B) $20 C) $30 D) $40
What is the difference between "straight-time pay," "commission pay," and "piece-rate pay"?
What will be an ideal response?
Suppose the cost to erect a tornado siren in a small town is $15,000 . In addition, suppose the value of a human life is $10 million. By what percentage would the siren need to reduce the risk of a fatality for the benefits of the siren to exceed the costs of the siren?
a. By at least 0.015 percentage points. b. By at least 0.15 percentage points. c. By at least 1.5 percentage points. d. By at least 5 percentage points.