Corrective taxes are generally more efficient than regulatory mandates keeping the environment clean
a. True
b. False
Indicate whether the statement is true or false
True
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In June 2007 Monsanto acquired Delta & Pine Land Company, a company that had patented a seed technology nicknamed Terminator. This technology produces plants that have sterile seeds so they do not flower or grow fruit after the initial planting
Even though Monsanto has not used this technology commercially why might this be controversial if it decided to do so? What would be the purpose of the company employing such a technology?
Which of the following is not an advantage of starting a new business as a proprietorship?
A) A proprietorship has few government rules and regulations to comply with. B) The owner has complete control over the business. C) Business profits are only taxed once, not twice. D) A proprietorship can easily attain additional funding.
The effect of government spending or tax cuts on national income is measured by the:
A. multiplier. B. output gap. C. aggregator. D. tax rate.
Abstract economic theory can be used by academicians, but not by politicians or business people
a. True b. False Indicate whether the statement is true or false