An increase in the corporate profits tax will most likely lead to:
a. a decrease in the rental rate of capital in the corporate sector.
b. no change in the rental rate of capital in the corporate sector.
c. no change in the rental rate of capital in the non-corporate sector.
d. an increase in the rental rate of capital in the corporate sector.
d
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What are the differences and similarities between a depreciation and devaluation of a currency?
What will be an ideal response?
Exploitation due to a single buyer in the input market is known as
A. monopsonistic exploitation. B. monopoly exploitation. C. the result of closed shops. D. Marxian exploitation.
Which economist said, "This focus on distribution makes the significance of distributional issues (transfer issues) in political life relatively greater and the significance of widespread common interest in political life relatively smaller."?
A. John Maynard Keynes B. Milton Friedman C. David Friedman D. Mancur Olson E. David Ricardo