The ultimate economic burden of a tax is best captured by:
A. the effective tax rate.
B. the proportional tax rate.
C. the average tax rate.
D. the marginal tax rate.
E. None of the choices are correct.
Answer: A
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All of the following have been found to be good for running effective project meetings EXCEPT
A. Prepare and distribute an agenda prior to the meeting. B. Start meetings on time regardless of whether everyone is present. C. Thoroughly document all decisions. D. Identify an adjournment time. E. Allow a time period for socializing to support the development of a team identity.
Under international accounting standards, remote contingent liabilities are
a. not disclosed. b. not disclosed unless a guarantee arrangement (e. g., cosigning the loan of another party) exists. c. disclosed if the amount of the contingent liability is reasonably estimable. d. treated the same as reasonable possible contingencies.
The demand curve for a product shows the change in the product's supply with changes in its price
Indicate whether the statement is true or false a. True b. False
The Supreme Court ruled that the death penalty constitutes cruel and unusual punishment and
thus is not available as punishment for the commission of federal crimes. Indicate whether the statement is true or false