This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume that both the corporate and noncorporate sectors are in long-run equilibrium before the ... (Read 109 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by s.tung on Apr 19, 2019

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
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.
Answer Preview
Only 25% of students answer this correctly


s.tung

  • Hero Member
  • *****
  • Posts: 577
Reply #2 on: Apr 19, 2019
Excellent


ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional
The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
How Long Does Poverty Last? How Long Does Poverty Last?
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
How long does exercise affect blood sugar? How long does exercise affect blood sugar?
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library