Author Question: The corporate income tax is ultimately paid by all of the following except A) owners of the ... (Read 48 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
The corporate income tax is ultimately paid by all of the following except
 
  A) owners of the corporation.
  B) the corporation's debtors in the form of lower rates of return on the corporation's bonds.
  C) employees in the form of lower wages.
  D) customers in the form of higher prices.

Question 2

If the quantity of goods and services produced in the economy decreases,
 
  A) real GDP would certainly increase. B) nominal GDP would certainly increase.
  C) it may be possible for nominal GDP to increase. D) it may be possible for real GDP to increase.


jamesnevil303

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library