The corporate income tax is
a. an indirect tax.
b. a regressive tax.
c. the second largest source of revenue for the federal government.
d. a direct tax.
d
Economics
You might also like to view...
The aggregate M1 consists of
A) currency plus all deposits in financial institutions. B) currency plus all deposits in all institutions. C) currency plus checkable deposits in financial institutions. D) currency plus all checkable deposits.
Economics
Answer the following questions true (T) or false (F)
1. The total amount of producer surplus in a market is equal to the area below the supply curve. 2. Marginal cost is the additional cost to a firm of producing one more unit of a good or service. 3. Marginal benefit is the total benefit to a consumer from consuming one more unit of a good or service.
Economics