Special taxes levied on earnings for Social Security and Medicare are called

A) an unfair tax on low-income families. B) an exception tax for corporations.
C) a social insurance tax. D) a withholding tax on wages.

C

Economics

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As a form of business, a sole proprietorship

A) cannot issue stock. B) has limited liability. C) has the most government rules and regulations affecting it. D) has more than one owner.

Economics

Banks would be expected to minimize holding excess reserves because this practice is:

a. illegal. b. not profitable. c. technically difficult. d. subject to a stiff excess reserves tax.

Economics