If a country changes its corporate tax laws so that domestic businesses build and manage more business in other countries, then the net capital outflow of that country
a. and the net capital outflow of other countries rise.
b. rises and the net capital outflow of other countries fall.
c. falls and the net capital outflow of other countries rise.
d. None of the above are correct.
b
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A monopoly firm operates with declining marginal cost. If regulators impose marginal cost pricing, the market will
a. remain a monopoly but behave like a perfectly competitive industry. b. become perfectly competitive. c. be entered by additional firms but will not necessarily become perfectly competitive. d. be exited by the existing firm if the regulators will let the firm leave the market.
According to Charles Murray, the incentive to go on public assistance has
A. increased due to changes in the law. B. decreased due to changes in the law. C. increased due to economic conditions. D. decreased due to economic conditions.
The key agency in the preparation of the president's budget is
A. the Treasury. B. the Office of Management and Budget (OMB). C. the Comptroller of the Currency. D. the Department of the Defense.
Explain how corporate profits are taxed twice
What will be an ideal response?