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Author Question: Assume that both the corporate and noncorporate sectors are in long-run equilibrium before the ... (Read 23 times)

s.tung

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on: Apr 19, 2019

Question 1

Owners of proprietorships


◦ must pay the corporate profits tax.
◦ report their firms' income directly on their individual income tax returns.
◦ must pay the corporate profits tax as well as report their firms' income directly on their individual income tax returns.
◦ are not subject to paying any taxes on their firms' income.

Question 2

Assume that both the corporate and noncorporate sectors are in long-run equilibrium before the imposition of a corporate profits tax. In the short run, the imposition of a corporate profits tax will ________ profits in the noncorporate sector, but ________ profits in the corporate sector.


◦ increase; decrease
◦ not change; not change
◦ not change; decrease
◦ decrease; increase
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by s.tung on Apr 19, 2019

ntsoane kedibone

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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s.tung

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Reply #2 on: Apr 19, 2019
Excellent


ntsoane kedibone

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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