Which of the following is an argument that the incidence of corporate taxation falls entirely on consumers?
A) Corporations pass their tax burdens on to consumers by charging higher prices equal to the amount of the tax.
B) Corporations pass their tax burdens on to consumers because consumers ultimately work for the corporations.
C) Corporations always evade taxes so that consumers ultimately bear the tax burdens as taxpayers.
D) Most taxes on consumers are collected by corporations through sales taxes.
A
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If a number greater than the mean of a series of observations is added to the series, the new mean is:
A) smaller than the original mean. B) greater than the original mean. C) same as the original mean. D) either greater or smaller than the original mean depending on the number of observations in the series.
The Federal Reserve System is the central bank of the United States
Indicate whether the statement is true or false