Question 1
The ultimate burden of the corporate profits tax appears to depend on all of the following
except
◦ the relative capital/labor intensity of the corporate and noncorporate sectors.
◦ the ease with which capital and labor can be substituted in the corporate and noncorporate sectors.
◦ the elasticities of demand for the products produced in the corporate and noncorporate sectors.
◦ the tax rate structure of the corporate profits tax.
Question 2
Arnold Harberger's study on the incidence of the corporate income tax concluded that the burden of the tax is borne
◦ by corporations in the form of lower profits and by consumers in the form of higher prices.
◦ by consumers in the form of higher prices and by workers in the form of lower wages.
◦ only by noncorporate firms in the form of higher capital prices.
◦ by owners of corporations, proprietorships, and partnerships in rough proportion to profits.
Flipper tags have been extensively used in the study of penguin population dynamics.
Results of the study by Laruelle et al. (1996)
Mary Cassatt, Study for In the Loge.
Race-Ethnicity and Income Extremes
Income per Capita versus Inequality
Study Duddy 1