If a German firm owns a U.S.-based firm that is domiciled in the U.S., the combined firm is subject to the corporate tax laws in ________ and income tax laws in ________.
A) Germany; Germany
B) Germany; U.S.
C) U.S.; Germany
D) U.S.; U.S.
B) Germany; U.S.
You might also like to view...
The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
Frank Murphy is considering how many snowmobiles to purchase for his snowmobile rental business. Below are his estimates of the number of snowmobile rentals per year, depending on the number of snowmobiles available.Number ofSnowmobilesYearlyrentals1902170324043005350After paying all non-interest expenses, expenses Frank expects to net $10 per rental. Each snowmobile costs $15,000. How many snowmobiles should Frank purchase if the real interest rate is 5.5%?
A. 1. B. 0. C. 2. D. 4.
If an industry has a four-firm concentration ratio equal to one hundred percent, then it is definitely the case that the industry is
A) a monopoly. B) perfectly competitive. C) monopolistically competitive. D) either a monopoly or an oligopoly.
How many people still live on less than the equivalent of $1.25 per day (new definition of "extreme poverty")?
a. 100 million. b. 500 million. c. 1.4 billion. d. 2.2 billion.