Which type of business has the least government rules and regulations affecting it?
A) partnership
B) corporation
C) sole proprietorship
D) They all have the same set of rules and regulations affecting them.
C
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(Advanced analysis) Answer the question on the basis of the following information: The equations for the demand and supply curves for a particular product are P = 10 - .4Q and P = 2 + .4Q, where P is price and Q is quantity expressed in units of 100
After an excise tax is imposed on the product, the supply equation is P = 3 + .4Q. Refer to the given information. The equilibrium quantity after the excise tax is imposed is: A. 750 units. B. 850 units. C. 875 units. D. 950 units.
The marginal tax rate is
A. the total taxes paid as a percentage of total income. B. the average tax rate paid by both individuals and corporations. C. the sum of all individual tax rates. D. the increase in taxes as a percentage of the increase in income.
Which monetary policy would most likely increase aggregate demand?
a. Increasing the discount rate b. Increasing margin requirements on stock purchases c. Increasing reserve requirements at commercial banks and thrift institutions d. Purchasing government securities in the open market
The figure below shows the market for computers in a small importing country. Dd and Sd are the domestic demand and supply curves of computers, respectively.
Calculate the tariff revenue of the country's government.
A. $76 million B. $28 million C. $40 million D. $400,000