Which of the following taxes would result in the greatest tax burden for buyers?
a. A tax on pharmaceuticals
b. A tax on luxury cars
c. A tax on movie tickets
d. A tax on restaurant meals
a
Economics
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The United States is currently a net debtor nation. This means that
A) U.S. consumers have a great variety of foreign goods available to them. B) the U.S. economy is in serious trouble if government policies don't change quickly. C) capital outflows from the U.S. are greater than inflows. D) the U.S. is seen as a poor investment by foreign citizens and firms.
Economics
A disadvantage of corporations over a proprietorship or partnership is in the
A) legal liability. B) ability to raise funds. C) taxation system. D) future of the firm when an owner dies.
Economics