In the long run the corporate profits tax may lead to

[jessicacav]

Question 1

In the long run, the corporate profits tax will lead to

◦ lower profits in the corporate sector, but higher profits in the noncorporate sector.
◦ higher profits in the corporate sector and higher profits in the noncorporate sector.
◦ higher profits in the corporate sector, but lower profits in the noncorporate sector.
◦ lower profits in the corporate sector and lower profits in the noncorporate sector.

Question 2

In the long run the corporate profits tax may lead to

◦ higher prices for the products of corporations as well as higher prices for the products of partnerships and proprietorships.
◦ lower prices for the products of corporations as well as lower prices for the products of partnerships and proprietorships.
◦ higher prices for the products of corporations and lower prices for the products of partnerships and proprietorships.
◦ lower prices for the products of corporations and higher prices for the products of partnerships and proprietorships.

[rleezy04]

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[jessicacav]

Thank you!

[rleezy04]

Always glad to help...